Why is Capital Trade Lk falling/rising?

As of 09-Jun, Capital Trade Links Ltd is experiencing a decline in its stock price, currently at Rs 19.74, which reflects a decrease of Rs 1.15 or 5.51%. The stock has underperformed its sector by 7.46% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 6%. It opened the day with a significant loss of 5.36% and reached an intraday low of Rs 19.7. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish technical trend. Despite a strong historical performance over the last three years, recent financial results have been negative, with a decline in profits and sales, contributing to a weak long-term fundamental strength characterized by an average Return on Equity (ROE) of 9.71%.
In the broader market context, the stock's performance over the past week shows a decline of 2.47%, while the benchmark Sensex has increased by 1.32%. This stark contrast highlights the stock's underperformance relative to the market. The company's recent financial struggles, including negative results for the last three consecutive quarters and a significant drop in profits, have led to a bearish sentiment among investors. The stock's valuation appears expensive compared to its peers, further exacerbating the negative outlook. Overall, the combination of poor recent financial performance, technical indicators, and high valuation relative to historical averages has contributed to the stock's current decline.