Why is SKP Bearing falling/rising?

As of 11-Nov, SKP Bearing Industries Ltd is experiencing a decline in its stock price, currently at 215.15, reflecting a decrease of 11.9 points or 5.24%. The stock has underperformed its sector today by 4.98%, and it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a return of -4.55%, and it has also underperformed the benchmark Sensex, which has gained 0.38%. Despite a notable increase in delivery volume by 114.29% against the 5-day average, the stock's long-term growth prospects appear poor, with an annual operating profit decline of 46.78% over the last five years and a significant profit drop of 72% over the past year. In the broader market context, SKP Bearing's performance has consistently lagged behind the benchmark indices, with a year-to-date return of -14.21% compared to the Sensex's gain of 8.67%. This consistent underperformance over the last three years indicates a lack of investor confidence, despite the company's relatively low debt-to-equity ratio and high management efficiency reflected in a ROCE of 16.53%. The stock's valuation is considered very expensive, which, combined with flat results and declining profits, contributes to the negative sentiment surrounding SKP Bearing Industries Ltd.