Why is Econo Trade Indi falling/rising?

As of 05-Sep, Econo Trade India Ltd's stock price is currently at 8.05, reflecting a decrease of 0.06, or 0.74%. The stock has underperformed its sector today by 1.23%, with a notable decline in investor participation, as evidenced by a 93.98% drop in delivery volume compared to the 5-day average. Over the past week, the stock has shown a positive return of 1.64%, but it has significantly underperformed over the past month with a decline of 9.04%. Despite a fair valuation indicated by a low Price to Book Value of 0.3 and a relatively attractive ROE of 5.2, the stock has faced challenges, including a consistent underperformance against benchmarks over the last three years and a significant drop in profits over the past year.
In the broader market context, Econo Trade India Ltd's recent performance contrasts with the Sensex, which has remained flat over the past month. While the stock has shown some resilience in the short term, its long-term fundamentals are weak, with an average ROE of 3.85% and flat results reported in June 2025. The stock's year-to-date return of 2.03% is lower than the Sensex's 3.29%, indicating a struggle to keep pace with the broader market. Overall, the combination of declining investor interest, weak long-term fundamentals, and consistent underperformance against benchmarks suggests that the stock is facing significant challenges, contributing to its current downward price movement.