Why is Fervent Synerg. falling/rising?

As of 28-Jul, Fervent Synergies Ltd is experiencing a decline in its stock price, currently at 25.21, reflecting a decrease of 0.83 or 3.19%. The stock has underperformed its sector by 3.27% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 6.73% during this period. Despite a strong performance over the past month with a 26.05% increase, the stock has faced challenges recently, including weak long-term fundamental strength indicated by a low Return on Equity (ROE) of 0.34% and poor EBIT to Interest ratio. Additionally, the latest financial results show a significant drop in net sales and profit after tax, both declining by 59.97%. However, the rising promoter confidence, with a 3.04% increase in their stake, suggests a belief in the company's future potential, which contrasts with the negative financial indicators.
In the broader market context, the stock's recent performance has been notably weaker than the benchmark, with a 1-week return of -8.13% compared to the Sensex's decline of only 1.59%. While Fervent Synergies has outperformed the market over the longer term, generating a 62.33% return over the past year against the Sensex's slight decline, the current short-term trends indicate a struggle to maintain momentum. The stock's liquidity appears adequate, but the combination of recent poor financial results and the stock's underperformance relative to both its sector and the broader market may be contributing to the current price decline.