Why is Dhani Services falling/rising?

As of 31-Jul, Dhani Services Ltd is experiencing a decline in its stock price, currently at Rs 61.80, which reflects a decrease of Rs 1.65 or 2.6%. The stock has been underperforming, having fallen for the last two consecutive days with a total decline of 2.85%. It is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, the delivery volume has decreased significantly, suggesting a drop in investor participation. Despite positive quarterly results and a low debt-equity ratio, the stock's long-term fundamentals are weak, with a poor return on equity and declining net sales, contributing to its current downward movement.
In the broader market context, Dhani Services has underperformed compared to the benchmark Sensex, which has seen a decline of 1.22% over the past week while Dhani Services fell by 2.77%. Although the stock has generated a return of 11.53% over the past year, it is still facing challenges with weak long-term growth prospects and a high valuation relative to its peers. The overall market has been struggling, as indicated by the negative returns of the BSE500, which further complicates the stock's performance amidst a generally unfavorable environment.