Why is Sky Industries falling/rising?

As of 23-Jul, Sky Industries Ltd is currently priced at 107.85, reflecting a decline of 0.76, or 0.7%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 8.6% during this period. Despite a strong performance over the past month with a return of 16.01%, the stock's year-to-date performance shows a significant drop of 37.30%. The company has a very attractive valuation with a return on capital employed (ROCE) of 13.1 and a PEG ratio of 0.5, indicating that while profits have risen by 31.3% over the past year, the stock is trading at a discount compared to its peers. However, the long-term fundamental strength appears weak, with a low average return on equity of 9.55% and a 6.90% compound annual growth rate in net sales over the last five years, which may be contributing to the recent price decline. In the broader market context, Sky Industries has outperformed the benchmark Sensex over the past week, with a return of 2.81% compared to the Sensex's 0.11%. However, the stock's performance today has underperformed its sector by 1.66%, indicating a lack of investor confidence. The falling delivery volume, which decreased by 20.41% against the five-day average, suggests reduced investor participation, further exacerbating the stock's downward trend. While the company has shown potential for growth, the combination of weak long-term fundamentals and recent poor performance metrics is likely influencing the stock's current decline.