Why is Dam Capital Advi falling/rising?

As of 09-Sep, Dam Capital Advisors Ltd is experiencing a decline in its stock price, currently at 224.45, which reflects a decrease of 0.65 or 0.29%. The stock has underperformed its sector by 0.84% today and has been on a downward trend for the last two days, accumulating a total loss of 0.69% during this period. While the stock has shown a modest increase of 0.65% over the past week and a more significant rise of 7.26% over the past month, it has faced significant challenges, including a substantial drop in net sales by 15.75% and negative results in the last two consecutive quarters. The company's return on equity stands at 39.70%, but its high price-to-book value of 6.1 suggests an expensive valuation, contributing to investor concerns. Additionally, there has been a noticeable decrease in institutional investor participation, which may further impact market sentiment.
In the broader market context, the stock's recent performance has lagged behind the benchmark Sensex, which has gained 1.18% over the past week and 1.56% over the past month. This underperformance is particularly concerning given that the stock has generated a return of 0.00% over the past year, while the Sensex has shown resilience with a slight decline of only 0.56%. The falling investor participation and the negative financial results have likely contributed to the stock's inability to capitalize on the overall market gains, leading to a cautious outlook among investors.