Why is Fervent Synerg. falling/rising?

As of 30-Jun, Fervent Synergies Ltd is experiencing a decline in its stock price, currently at 19.53, reflecting a decrease of 0.47 or 2.35%. The stock has underperformed its sector by 3.04% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 7.4% during this period. Additionally, Fervent Synergies is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite declaring positive results for the last four consecutive quarters, including higher net sales and profit after tax, the company faces challenges with weak long-term fundamental strength, as evidenced by a low return on equity and a poor EBIT to interest ratio.
In the broader market context, Fervent Synergies has underperformed compared to the Sensex, which has shown positive returns of 2.09% over the past week and 2.65% over the past month, while Fervent has declined by 4.73% and 4.12%, respectively. Although the stock has generated a return of 19.23% over the past year, significantly outperforming the market's 5.79%, its recent performance raises concerns about its valuation and long-term sustainability. The stock's expensive valuation, coupled with a low PEG ratio, suggests that investors may be cautious, contributing to the recent price decline.