Why is Angel One falling/rising?

As of 11-Aug, Angel One Ltd's stock price is currently at 2,546.00, reflecting a decrease of 7.75, or 0.3%. The stock has underperformed its sector today by 0.84% and has experienced a consecutive decline over the last two days, totaling a drop of 3.58%. In the past week, the stock has fallen by 3.12%, and over the last month, it has decreased by 4.84%. Despite a strong long-term fundamental strength indicated by an average Return on Equity (ROE) of 34.63% and significant growth in net sales and operating profit, the company has reported negative results for the last two consecutive quarters, with net sales falling by 12.91%. Additionally, a decrease in promoter stake by 6.58% suggests reduced confidence in the company's future.
In the broader market context, the stock's performance has been notably weaker compared to the benchmark Sensex, which has only declined by 0.51% over the past week. While Angel One has generated a return of 16.98% over the past year, its profits have decreased by 17%, indicating a disconnect between stock performance and profitability. The stock's current trading position below all key moving averages further emphasizes its recent struggles, contrasting with the Sensex's positive year-to-date return of 3.15%. Overall, the combination of declining sales, negative quarterly results, and reduced promoter confidence has contributed to the stock's downward movement.