Why is Smiths & Founder falling/rising?

As of 30-Jul, Smiths & Founders (India) Ltd is experiencing a decline in its stock price, currently at 5.10, reflecting a decrease of 0.07 or 1.35%. The stock has shown a trend reversal, falling after three consecutive days of gains. In terms of performance, the stock has underperformed in the short term, with a 1-week return of -1.16% compared to the Sensex's -1.50%, and a 1-month return of -5.90% against the benchmark's -2.54%. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 72.2% from the 5-day average. While the company has reported positive results for the last five consecutive quarters, including the highest ROCE and inventory turnover ratio, its long-term fundamentals remain weak, with a low average ROCE and poor debt servicing ability.
In the broader market context, the stock's performance has been notably below par, with a year-to-date return of -32.89% while the Sensex has gained 4.28%. This stark contrast highlights the stock's struggles relative to the overall market. Despite the company’s recent positive quarterly results, the long-term growth prospects appear limited, as indicated by the average annual net sales growth of only 10.33% over the past five years. The stock is also trading at a discount compared to its peers, but its high price-to-book value suggests an expensive valuation. Overall, the combination of weak long-term fundamentals and recent declines in trading activity contributes to the stock's current downward trajectory.