Why is W H Brady falling/rising?

As of 01-Jul, W H Brady & Co Ltd's stock price is currently at 975.65, reflecting a decrease of 11.55 points or 1.17%. The stock has underperformed its sector by 0.31% today and has experienced a trend reversal, falling after two consecutive days of gains. It opened with a loss of 2.25% and reached an intraday low of Rs 960, indicating a challenging trading session. Despite this, the stock has shown strong performance over the past week, month, year, and even over three and five years, with returns of 8.65%, 25.42%, 53.74%, and 811.40%, respectively. However, the company's recent financial performance raises concerns, as its net sales and operating profit growth have been modest, and its profit after tax has significantly declined, leading to a perception of poor long-term growth.
In the broader market context, the stock's short-term performance has been notably stronger than the benchmark Sensex, which has only increased by 2.00% over the past week. While W H Brady has consistently outperformed the BSE500 over the last three years, the current decline may be attributed to falling investor participation, as indicated by a 69.4% drop in delivery volume compared to the five-day average. Additionally, the stock's high valuation relative to its peers, coupled with a low return on equity and a significant drop in profits over the past year, suggests that investors may be reassessing its growth potential, contributing to the recent price decline.