Why is Thacker & Co. falling/rising?

As of 07-Jul, Thacker & Company Ltd is experiencing a decline in its stock price, currently at 1,655.00, which reflects a decrease of 15.0 points or 0.9%. Today's price summary indicates that the stock opened with a significant loss of 4.07%, reaching an intraday low of Rs 1,602. Additionally, the stock has underperformed its sector by 1.35%. Over the past week, the stock has decreased by 3.16%, although it has shown a strong performance over the past month with a return of 14.14%. Despite generating a substantial return of 65.17% over the past year, the company faces challenges such as poor long-term growth, evidenced by a negative annual sales growth rate of 2.38% over the last five years and low cash reserves.
In the broader market context, the Sensex has only decreased by 0.20% over the past week, indicating that Thacker & Company Ltd's short-term performance is lagging behind the benchmark. While the stock has shown impressive returns over longer periods, including a 451.57% increase over three years, the recent decline may be attributed to falling investor participation, as indicated by a 49.37% drop in delivery volume. The company's high valuation, with a Price to Book Value of 1.1, coupled with flat financial results and a low Debtors Turnover Ratio, suggests that investors may be reassessing the stock's worth, contributing to its current downward trend.