Why is Econo Trade Indi falling/rising?

As of 02-Jul, Econo Trade India Ltd's stock price is currently at 8.75, reflecting a decrease of 0.2, or 2.23%. The stock has been underperforming recently, having fallen for the last three consecutive days, resulting in a total decline of 6.52%. Additionally, the stock's performance today has underperformed its sector by 1%. Despite a positive return of 21.87% over the past month, the stock's year-to-date return stands at 10.90%, which is still favorable compared to the benchmark Sensex's 6.75%. However, the stock's profitability has declined by 10.3% over the past year, which, combined with a weak long-term fundamental strength indicated by an average Return on Equity (ROE) of 3.85%, may be contributing to the recent price drop.
In the broader market context, while the Sensex has shown a positive return of 0.79% over the past week, Econo Trade India Ltd has experienced a significant decline of 6.91% in the same period. This stark contrast highlights the stock's underperformance relative to the market. The falling investor participation, with a delivery volume that has decreased by 72.27% against the five-day average, suggests a lack of confidence among investors. Although the stock is trading at a fair value compared to its peers, the combination of declining profits and weak investor sentiment has likely led to the current downward trend in its price.