Why is Stratmont Indus. falling/rising?

As of 25-Jun, Stratmont Industries Ltd's stock price is currently at Rs 72.15, reflecting a decline of Rs 1.47 or 2.0%. The stock has underperformed its sector by 3.23% today, with an intraday high of Rs 75.09 and a low of Rs 72.15. Over the past week, the stock has seen a significant drop of 7.75%, while it has generated a return of 85.24% over the past year, which is notably higher than the market's return of 3.43%. Despite a high management efficiency indicated by a ROCE of 17.58% and healthy long-term growth in net sales, the recent flat results in March, with a 32.49% decline in net sales, have raised concerns. Furthermore, the stock's expensive valuation, indicated by a low ROCE of 5.7 and a high enterprise value to capital employed ratio, suggests that it may be trading at a discount compared to its peers, contributing to the downward pressure on its price.
In the broader market context, the Sensex has shown a positive return of 1.61% over the past week, contrasting with Stratmont's significant decline. This divergence highlights the stock's underperformance relative to the benchmark. While the stock has experienced a substantial return over the past year, its recent quarterly results and high institutional holdings may not be enough to sustain investor confidence in the short term, especially given the current market conditions. The rising investor participation, indicated by a 350.98% increase in delivery volume, suggests some interest, but the overall sentiment remains cautious due to the recent financial performance.