Why is Angel One falling/rising?

As of 04-Sep, Angel One Ltd's stock price is currently at 2,262.00, reflecting a decrease of 9.45 points or 0.42%. The stock has underperformed its sector by 0.83% today and has experienced a consecutive decline over the last two days, resulting in a total drop of 0.67%. The stock's performance over the past month shows a significant decline of 13.93%, while it has fallen 22.86% year-to-date. Despite a strong long-term fundamental strength with 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, with net sales falling by 12.91%. Additionally, a reduction in promoter confidence, indicated by a 6.58% decrease in their stake, may further contribute to the stock's downward pressure.
In the broader market context, the Sensex has increased by 0.80% over the past week, contrasting with Angel One's slight gain of only 0.08% during the same period. This underperformance is indicative of the stock's struggles relative to the overall market. The company's recent negative financial results, including a significant drop in profit before tax and net sales, have likely contributed to investor hesitance, leading to reduced trading volume and liquidity. Overall, while the stock has shown strong long-term potential, the recent financial setbacks and declining investor confidence have resulted in its current downward trajectory.