Why is Sita Enterprises falling/rising?

As of 16-Jul, Sita Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 162.85, reflecting a decrease of Rs 8.55 or 4.99%. The stock has been underperforming, having lost 22.56% over the past week and has seen a consecutive fall for the last five days. Today's performance indicates a significant drop, opening with a loss of 4.99% and reaching an intraday low of the same price. Despite a strong performance over the past year, with a return of 204.05%, recent results have shown a concerning trend, including a 59.9% decline in profits, which has contributed to its current negative momentum. Additionally, the stock's liquidity has decreased, with delivery volume falling by 84.53% against the five-day average, indicating reduced investor interest.
In the broader market context, Sita Enterprises has underperformed the Sensex, which has only declined by 1.08% over the past week. While the stock has shown impressive long-term returns, outperforming the BSE500 consistently over the last three years, its current valuation appears expensive with a Price to Book Value of 3.1, and an average Return on Equity of 8.41%. This combination of weak long-term fundamentals, falling profits, and declining investor participation suggests that the stock's recent price movement is driven by a mix of profit-taking and concerns over its valuation relative to peers, leading to its current downward trend.