Why is Angel One falling/rising?

As of 30-Jul, Angel One Ltd's stock price is currently at 2,641.05, reflecting a decrease of 2.95 points or 0.11%. The stock's performance today is in line with its sector, although it is trading higher than the 100-day moving averages but lower than the 5-day, 20-day, 50-day, and 200-day moving averages. The stock has experienced a significant decline in recent weeks, with a 6.45% drop over the past week and a 9.65% decline over the past month. Despite a strong long-term fundamental strength indicated by an average Return on Equity (ROE) of 34.63% and healthy growth in net sales and operating profit, the company has reported negative results for the last two consecutive quarters, including a 12.91% fall in net sales. Additionally, a decrease in promoter stake by 6.58% suggests reduced confidence in the company's future.
In the broader market context, while Angel One's stock has generated a return of 23.51% over the past year, it has underperformed the benchmark Sensex, which has seen a 4.28% increase year-to-date. The stock's recent performance contrasts sharply with the benchmark's 1.50% decline over the past week and 2.54% over the past month. The falling investor participation, as indicated by a 32.78% drop in delivery volume, further highlights the challenges the stock faces in maintaining investor confidence amidst its recent negative financial results.