Why is Dreamfolks Servi falling/rising?

As of 03-Jul, Dreamfolks Services Ltd is experiencing a decline in its stock price, currently at Rs 217.25, which reflects a decrease of Rs 7.2 or 3.21%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 8.53% during this period. Additionally, the stock has shown significant underperformance over the past week and month, with returns of -5.75% and -15.02%, respectively. Despite a high management efficiency indicated by a return on equity (ROE) of 32.41% and healthy long-term growth in net sales and operating profit, the stock has faced challenges, including a decrease in institutional investor participation and negative quarterly results that have contributed to a substantial year-to-date decline of 44.49%.
In the broader market context, the Sensex has shown a positive return of 3.10% over the past month, contrasting sharply with Dreamfolks' performance. This indicates that while the overall market is experiencing growth, Dreamfolks is lagging significantly behind, which may be a concern for investors. The stock's liquidity remains adequate for trading, but the recent drop in institutional stakes and the overall negative sentiment surrounding its performance could be influencing investor confidence. The stock's current trading levels below various moving averages further suggest a bearish trend, reinforcing the perception of underperformance compared to the benchmark indices.