Why is Sita Enterprises falling/rising?

As of 10-Jul, Sita Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 199.80, which reflects a decrease of Rs 10.5 or 4.99%. Despite this drop, the stock has shown strong performance over the past year, generating a remarkable return of 244.48%. Today's price action indicates a significant intraday high of Rs 220.8, but the stock has fallen after five consecutive days of gains, underperforming its sector by 5.12%. Additionally, while the stock is trading above its moving averages, it faces concerns regarding its long-term fundamental strength, as indicated by a low Return on Equity (ROE) of 8.41% and a high Price to Book Value ratio of 3.8, suggesting it may be overvalued compared to peers.
In the broader market context, Sita Enterprises has outperformed the benchmark Sensex significantly over various time frames, including a 35.46% increase over the past month while the Sensex rose only 0.97%. However, the recent price decline may reflect profit-taking after a strong rally, as well as concerns over its declining profits, which fell by 59.9% despite the high returns. The stock's liquidity remains adequate, but the combination of high valuations and weak long-term fundamentals could be contributing to the current downward pressure on its price.