Why is Forbes & Co falling/rising?

As of 07-Jul, Forbes & Company Ltd is experiencing a decline in its stock price, currently at 396.70, which reflects a decrease of 3.75 or 0.94%. The stock has been underperforming, having fallen consecutively for the last seven days, resulting in a total decline of 9.6% during this period. Additionally, the stock's performance over the past week shows a significant drop of 8.37%, while it has seen a modest increase of 3.01% over the past month. Despite strong financial results, including a remarkable growth in net profit of 1091.99% and positive results for the last three consecutive quarters, the stock's year-to-date performance is down 15.58%, and it has lost 37.79% over the past year. The stock is currently trading at a discount compared to its peers, which may indicate potential for recovery, but the recent price movement suggests investor caution.
In the broader market context, the Sensex has shown a relatively stable performance, with a slight decline of 0.20% over the past week and an increase of 1.53% over the past month. This indicates that the broader market is not experiencing significant downturns, which may highlight the specific challenges faced by Forbes & Company Ltd. The stock's recent decline, despite its strong fundamentals and liquidity, suggests that investor sentiment may be influenced by the ongoing consecutive losses and the stock's underperformance relative to the sector. The rising investor participation, as indicated by a 233.92% increase in delivery volume, could signal potential interest, but the current trend reflects a cautious approach from investors amidst the stock's recent struggles.