Why is Akme Fintrade falling/rising?

As of 01-Sep, Akme Fintrade (India) Ltd's current price is 6.95, showing no change (0.00%). The stock has underperformed its sector today by 1.61% and is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant decline in investor participation, with delivery volume falling by 32.38% compared to the 5-day average. Over the past year, the stock has generated a return of -38.63%, while it has shown some positive results in the last five consecutive quarters, including record net sales and profit before tax figures. However, despite these positive earnings, the stock's weak long-term fundamental strength, indicated by an average Return on Equity (ROE) of 8.50%, raises concerns about its overall performance.
In the broader market context, Akme Fintrade's short-term performance has been notably worse than the benchmark, with a 1-week return of -3.61% compared to the Sensex's -1.56%. This underperformance is compounded by the stock's significant decline over the year, where it has dropped by 38.63% against the Sensex's modest gain of 2.85%. The stock's liquidity remains adequate for trading, but the overall sentiment appears negative due to its long-term underperformance and weak fundamentals, which may deter potential investors.