Why is Thacker & Co. falling/rising?

As of 02-Jul, Thacker & Company Ltd is experiencing a decline in its stock price, currently at 1,681.00, reflecting a decrease of 28.0 points or 1.64%. Today's price summary indicates that the stock opened significantly lower, down 4.51%, and reached an intraday low of Rs 1,631, which is a 4.56% drop. Despite a strong performance over the past year with a return of 67.26%, the stock has underperformed its sector today by 2.41%. The company has shown consistent returns over the last three years, but it also faces challenges such as poor long-term growth, with net sales declining at an annual rate of -2.38% over the last five years, and a very expensive valuation compared to its peers.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a 1-week return of -2.27% compared to the Sensex's gain of 0.79%. While the stock has generated a substantial return of 26.83% over the past month, the recent decline suggests that investors may be reacting to the company's flat results and low cash reserves, which could be raising concerns about its future growth potential. The rising investor participation, indicated by a significant increase in delivery volume, may not be sufficient to counterbalance the negative sentiment stemming from the company's financial metrics and valuation concerns.