Why is Akme Fintrade falling/rising?

As of 29-Sep, Akme Fintrade (India) Ltd is currently priced at 8.35, reflecting a decline of 0.64 or 7.12%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 8.94% during this period. Despite this recent downturn, the stock has shown positive performance over the past week and month, with returns of 4.24% and 20.14%, respectively. However, it is important to note that the stock has generated a significant negative return of 25.01% over the past year, even as the company has reported positive results for the last five consecutive quarters, including record net sales and profit figures. The stock's attractive valuation, indicated by a low price-to-book value and a return on equity of 9, suggests potential for recovery, but the recent decline in investor participation and liquidity may be contributing to the current price drop.
In the broader market context, Akme Fintrade's recent performance contrasts sharply with the benchmark Sensex, which has experienced a decline of 2.18% over the past week and a modest gain of 0.70% over the past month. While the stock has outperformed the benchmark in the short term, the overall year-to-date performance remains negative at -2.22%, compared to the Sensex's positive return of 2.85%. This divergence highlights the challenges faced by Akme Fintrade despite its strong quarterly results, as investor sentiment appears to be cautious, leading to a decline in stock price amidst broader market fluctuations.