Why is Sky Gold & Diam. falling/rising?

As of 22-Aug, Sky Gold & Diamonds Ltd is experiencing a decline in its stock price, currently at 304.50, which reflects a decrease of 7.9 points or 2.53%. The stock has underperformed its sector by 2.57% today and has been on a downward trend for the last two days, accumulating a total decline of 2.87%. Despite a strong performance over the past week with an increase of 11.31%, the stock has seen a significant drop of 10.98% over the past month and a year-to-date decline of 22.29%. However, the company has demonstrated high management efficiency with a return on capital employed (ROCE) of 15.52% and has reported positive results for the last nine consecutive quarters, indicating healthy long-term growth potential.
Broader Market Context: In comparison to the benchmark, the stock's recent performance has been notably volatile. While the Sensex has only decreased by 1.07% over the past month, Sky Gold & Diamonds Ltd has faced a much steeper decline. The stock's liquidity remains sufficient for trading, with a delivery volume increase of 23.59% against the five-day average, suggesting rising investor participation. Despite the current downturn, the company’s strong fundamentals, including a significant growth in net sales and operating profit, position it favorably for potential recovery in the long term.