Why is Sky Gold & Diam. falling/rising?

As of 20-Jun, Sky Gold & Diamonds Ltd is currently priced at 317.65, reflecting a decline of 9.75, or 2.98%. The stock has been underperforming, having lost 17.81% over the past week and 6.71% over the past month. Today, it opened with a loss of 2.2% and reached an intraday low of Rs 313.7, marking a 4.18% decrease. The stock has been on a consecutive downward trend for the last five days. Despite these declines, the company has shown strong fundamentals, including a high return on capital employed (ROCE) of 15.52% and impressive long-term growth in net sales and operating profit. However, the stock is currently trading below its moving averages, indicating a bearish trend.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 1.59% over the past week. While Sky Gold has generated a remarkable return of 127.57% over the past year, its recent performance has been lackluster compared to the benchmark. The stock's liquidity remains adequate, with a delivery volume increase, but the overall negative sentiment and recent price movements suggest that investors may be cautious despite the company's strong fundamentals and consistent returns over the past three years.