Why is Sita Enterprises falling/rising?

As of 17-Jul, Sita Enterprises Ltd's stock price is currently at Rs 170.95, reflecting an increase of 8.1 (4.97%). Today, the stock has shown a trend reversal, gaining after five consecutive days of decline. Despite opening with a loss of 2.61%, it reached an intraday high of Rs 170.95. Over the past week, the stock has experienced a significant decline of 14.44%, but it has performed well over the past month with a return of 14.65%. The stock has consistently outperformed the BSE500 over the last three years, generating a remarkable 219.17% return in the past year. However, it faces challenges such as a weak long-term fundamental strength indicated by an average Return on Equity (ROE) of 8.41% and a high Price to Book Value ratio of 3.3, which suggests it is trading at a premium compared to its peers.
In the broader market context, while Sita Enterprises has outperformed the Sensex in the long term, its recent performance has been mixed. The stock's short-term decline of 14.44% over the past week contrasts sharply with the Sensex's modest decline of only 1.12%. This indicates that while the stock has shown strong returns over longer periods, its recent volatility may be causing concern among investors, particularly given the significant drop in profits by 59.9% despite the high returns. The falling investor participation, with a delivery volume decrease of 59.65% against the five-day average, further underscores the cautious sentiment surrounding the stock.