Why is Archies falling/rising?

As of 20-Jun, Archies Ltd's stock price is currently at Rs 21.21, reflecting a decline of Rs 1.25 or 5.57%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total drop of 9.82% during this period. Today, it opened with a loss of 4.27% and reached an intraday low of Rs 21.17, indicating significant selling pressure. Additionally, the stock has underperformed its sector by 7.73%. In terms of returns, Archies has seen a year-to-date decline of 13.82% and a one-year drop of 17.60%, contrasting with the benchmark Sensex, which has gained 5.46% and 6.36% respectively over the same periods. The lack of positive factors in the dashboard suggests that there are no significant catalysts to support the stock's price.
Broader Market Context: In the short term, Archies' performance has been notably weaker compared to the Sensex, which has increased by 1.59% over the past week while Archies has decreased by 0.93%. The broader market context shows that while the sector has gained by 2.28%, Archies is experiencing a decline in investor participation, as evidenced by a 1.33% drop in delivery volume against the five-day average. This combination of underperformance relative to both the sector and the benchmark, along with declining investor interest, contributes to the stock's recent downward trajectory.