Why is Dhani Services falling/rising?

As of 12-Aug, Dhani Services Ltd is currently priced at 60.50, reflecting an increase of 0.22 or 0.36%. The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend overall. Despite a recent outperformance against its sector by 1.27%, the stock has experienced a significant decline of 9.23% over the past month and a staggering 35.33% year-to-date. Positive factors include the company’s strong financial performance over the last four quarters, with substantial growth in profit before tax and profit after tax, alongside a low debt-equity ratio. However, the stock's long-term fundamentals are weak, evidenced by an average return on equity of 0% and declining net sales, which may contribute to investor caution.
In the broader market context, while the Sensex has declined by 0.59% over the past week, Dhani Services has fallen by 2.12%, indicating underperformance relative to the benchmark. The stock has generated a return of 15.39% over the past year, outperforming the broader market, which has seen a return of only 0.74%. Nonetheless, the stock's high valuation compared to its peers, coupled with falling investor participation and liquidity concerns, suggests that while there are positive short-term movements, the overall sentiment remains cautious due to long-term growth challenges.