Why is Bodhi Tree falling/rising?

As of 29-Jul, Bodhi Tree Multimedia Ltd is experiencing a decline in its stock price, currently at 8.05, which reflects a decrease of 0.03 or 0.37%. The stock has underperformed its sector by 1.08% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 6.83%. Over the past week, the stock has fallen by 3.59%, while it has shown a modest increase of 3.34% over the past month. However, the year-to-date performance is concerning, with a significant drop of 17.45%. Despite the negative price movement, the company has reported healthy long-term growth, with net sales increasing at an annual rate of 44.59%, and it has declared positive results for the last two consecutive quarters, which may indicate underlying strength.
In the broader market context, Bodhi Tree's recent performance contrasts with the Sensex, which has only declined by 1.03% over the past week. This suggests that the stock's short-term struggles are more pronounced compared to the overall market. The company's liquidity appears adequate, but a notable drop in delivery volume by 22.29% against the five-day average indicates a decrease in investor participation, which could be contributing to the stock's downward pressure. While the stock is trading at a discount compared to its peers and has shown profit growth of 43.1% over the past year, the negative sentiment reflected in its recent price movements and the significant year-over-year decline of 36.48% may overshadow these positive factors in the short term.