Why is Bodhi Tree falling/rising?

As of 23-Jul, Bodhi Tree Multimedia Ltd is experiencing a decline in its stock price, currently at Rs. 8.25, reflecting a decrease of -0.1 or -1.2%. The stock has underperformed its sector by -1.06% today and has been on a downward trend for the last two days, resulting in a total return of -2.37% during this period. Additionally, the stock has hit a new 52-week low of Rs. 7.15 today. It is trading below all key moving averages, indicating a bearish trend. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by -31.37% against the 5-day average. Over the past year, the stock has generated a return of -36.58%, despite the company reporting a 43.1% increase in profits.
In the broader market context, Bodhi Tree's short-term performance has lagged behind the Sensex, which has seen a slight increase of +0.11% over the past week. While the company has shown healthy long-term growth with a net sales increase of 44.59% annually and positive results in the last two quarters, these factors have not translated into positive stock performance recently. The stock is trading at a discount compared to its peers, but the significant decline in its price and the negative short-term returns suggest that investor sentiment remains weak despite the company's underlying financial health.