Why is Econo Trade Indi falling/rising?

As of 19-Sep, Econo Trade India Ltd is currently priced at 7.89, reflecting a decrease of 0.02, or 0.25%. The stock has been experiencing a downward trend, having lost 1.13% over the last two days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a return of -15.52%, while its profits have remained flat, indicating weak performance. Despite having a very attractive valuation with a low Price to Book Value and trading at a discount compared to its peers, the stock's average Return on Equity (ROE) of 3.85% suggests weak long-term fundamental strength, contributing to its recent decline.
In the broader market context, Econo Trade India Ltd's short-term performance has been underwhelming compared to the benchmark, as it has declined by 0.38% over the past week while the Sensex has increased by 0.88%. This consistent underperformance against the benchmark over the last three years, coupled with a lack of significant profit growth, has likely influenced investor sentiment negatively. Although there has been a rise in investor participation, as indicated by a 107.9% increase in delivery volume, the overall market conditions and the stock's historical performance suggest that the downward trend may continue.