Why is Smruthi Organic falling/rising?

As of 23-Sep, Smruthi Organics Ltd is experiencing a decline in its stock price, currently at Rs 136.50, which represents a decrease of Rs 4.15 or 2.95%. The stock has underperformed its sector by 2.6% today and has been on a downward trend for the past two days, with a total decline of 3.05% during this period. The stock touched an intraday low of Rs 135.1 and has seen a decrease in delivery volume by 20.38% compared to the 5-day average. While the stock has shown a positive return of 16.57% over the past month, it has also faced significant challenges, including a 39.58% decline over the past three years. Despite a low debt-to-equity ratio and a substantial increase in profits over the past year, the stock's recent performance indicates a struggle to maintain investor interest.
In the broader market context, Smruthi Organics' short-term performance has been notably weaker than the benchmark Sensex, which has only declined by 0.34% over the past week. The stock's recent underperformance, combined with falling investor participation and a liquidity level that suggests limited trading activity, reflects a cautious sentiment among investors. Although the company has attractive valuations and a strong profit growth, these factors have not translated into positive stock price movement in the short term, highlighting a disconnect between the company's fundamentals and market perception.