Why is Algoquant Fin falling/rising?

As of 21-Aug, Algoquant Fintech Ltd is experiencing a decline in its stock price, currently at Rs 75.85, which represents a decrease of Rs 6.25 or 7.61%. The stock has hit a new 52-week low today and has underperformed its sector by 8.16%. Over the past week, the stock has seen a staggering drop of 94.49%, and its performance over the last year shows a decline of 90.84%. The company's recent financial results have contributed to this downturn, with a significant drop in profit after tax and net sales compared to previous quarters. Although the company has a strong ability to service debt and has shown healthy long-term growth in net sales and operating profit, these positive factors are overshadowed by the recent negative performance and high valuation concerns.
In the broader market context, Algoquant Fin's short-term performance is starkly contrasted with the Sensex, which has gained 1.74% over the past week. This indicates that while the stock is struggling significantly, the overall market is performing well. The company's long-term underperformance is evident, as it has lagged behind the BSE500 index over various time frames, including the last three years and one year. Despite a rise in investor participation, the stock's volatility and consistent decline over the past five days suggest a lack of confidence among investors, further exacerbating its downward trend.