Why is Fervent Synerg. falling/rising?

As of 01-Jul, Fervent Synergies Ltd is currently priced at 19.60, reflecting a rise of 0.07 or 0.36%. The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a recent outperformance against its sector by 0.57%, the stock has experienced a decline of 1.51% over the past week and 3.78% over the past month. Positive factors include the company’s strong financial performance over the last four quarters, with net sales and profit after tax showing significant increases. However, the stock's long-term fundamental strength is weak, as indicated by a low return on equity and a poor EBIT to interest ratio, which raises concerns about its valuation.
In the broader market context, Fervent Synergies Ltd has underperformed compared to the Sensex, which has gained 2.00% over the past week and 2.76% over the past month. While the stock has generated a notable return of 21.44% over the past year, this is juxtaposed against the benchmark's return of 5.31%, suggesting that while the stock has performed well historically, its recent performance does not align with the broader market trends. The falling investor participation, as evidenced by a 13.07% drop in delivery volume, further indicates a lack of confidence among investors, contributing to the stock's recent price movements.