Why is Synergy Green falling/rising?

As of 26-Sep, Synergy Green Industries Ltd is experiencing a decline in its stock price, currently at Rs 541.00, which reflects a decrease of Rs 8.55 or 1.56%. The stock has been on a downward trend, having fallen for the last four consecutive days, resulting in a total decline of 3.59% during this period. Despite this recent downturn, the stock has shown strong performance over the past year with a return of 31.81%, significantly outpacing the BSE500 index. Additionally, the stock's returns over the last three years have been impressive, with a 253.25% increase, indicating consistent growth. However, it is currently trading below its short-term moving averages while remaining above its longer-term averages, suggesting some volatility in the recent price action.
In the broader market context, the stock's short-term performance has been slightly better than the benchmark, with a 1-week return of -2.65% compared to the Sensex's -2.66%. The sector in which Synergy operates, Castings/Forgings, has also faced a decline of 2.26%, contributing to the stock's recent struggles. Despite these challenges, there are positive indicators such as rising investor participation, with a significant increase in delivery volume, and an attractive valuation relative to peers, which may support the stock's recovery in the longer term. The company's strong return on capital employed and consistent profit growth further bolster its potential, even as it navigates this current phase of price decline.