Why is Dhani Services falling/rising?

As of 08-Sep, Dhani Services Ltd is experiencing a decline in its stock price, currently at Rs 62.80, which represents a decrease of 1.82 or 2.82%. Today's performance indicates that the stock has underperformed its sector by 3.14%, with an intraday low of Rs 62.3, reflecting a drop of 3.59%. Despite positive results over the last four consecutive quarters, including significant growth in profit after tax and a low debt-equity ratio, the stock's long-term fundamentals remain weak, evidenced by an average return on equity of 0% and declining net sales. The stock's liquidity is adequate, but there has been a notable drop in investor participation, with delivery volume falling by over 50% compared to the five-day average.
In the broader market context, the stock has shown a slight positive return of 0.54% over the past week, slightly outperforming the Sensex, which gained 0.53%. However, the year-to-date performance is concerning, with Dhani Services down 32.87% compared to a 3.39% increase in the benchmark. While the stock has outperformed the market over the past year with a return of 15.76%, the overall negative sentiment driven by weak long-term growth prospects and high valuation relative to peers may be contributing to the recent price decline.