Why is Ajcon Global falling/rising?

As of 23-Sep, Ajcon Global Services Ltd is experiencing a decline in its stock price, currently at 9.73, which reflects a decrease of 0.74 or 7.07%. The stock has underperformed its sector by 7.4% today and has seen a trend reversal after three consecutive days of gains. Despite a strong year-to-date return of 37.84% and a remarkable 137.32% increase over the past year, the stock's recent performance is overshadowed by negative financial results, including a significant drop in net sales and profit after tax, both declining by 26.75%. Additionally, the company's average return on equity (ROE) of 5.81% indicates weak long-term fundamental strength, and the stock is trading at a premium compared to its peers, which may deter investors.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has gained 5.19% over the past week while the Sensex has only decreased by 0.34%. However, over the past month, Ajcon Global has underperformed with a decline of 7.69%, while the Sensex has shown a slight increase of 0.98%. This divergence highlights the stock's volatility and the impact of its recent poor financial results on investor sentiment, despite its historical outperformance relative to the market.