Why is Angel One falling/rising?

As of 22-Sep, Angel One Ltd's stock price is currently at 2,247.05, reflecting a decline of 18.95 points or 0.84%. The stock has underperformed its sector by 1.26% today and has experienced a trend reversal after three consecutive days of gains. In terms of returns, the stock has seen a decrease of 10.78% over the past month and 23.37% year-to-date, while it has generated a return of -13.19% over the last year. The company's financial performance has also been concerning, with a significant drop in net sales and profits in recent quarters, leading to negative results declared for the last two consecutive quarters. Additionally, a decrease in promoter confidence, indicated by a 6.58% reduction in their stake, further exacerbates the stock's downward pressure.
In the broader market context, the Sensex has shown a positive return of 0.46% over the past week, contrasting with Angel One's slight decline of 0.22% in the same period. This underperformance relative to the benchmark highlights the stock's struggles amidst a generally favorable market environment. The company's long-term fundamentals remain strong, with a healthy growth rate in net sales and operating profit, but the recent negative financial results and declining investor participation suggest a lack of confidence that is impacting the stock's performance.