Why is GACM Tech falling/rising?

As of 09-Jul, GACM Technologies Ltd is experiencing a decline in its stock price, currently at 0.85, which reflects a decrease of 0.04 or 4.49%. The stock has underperformed its sector by 4.87% today and has been on a downward trend, losing value for the last four consecutive days, resulting in a total decline of 15% during this period. Over the past week, the stock has decreased by 11.46%, and in the last month, it has fallen by 24.11%. Despite these short-term declines, the company has reported outstanding financial results, including a net profit growth of 825.71% and positive results for the last three consecutive quarters, which may indicate underlying strength. Additionally, the promoters have increased their stake in the company by 4.48%, suggesting confidence in its future prospects.
In the broader market context, the Sensex has shown a slight increase of 0.15% over the past week, contrasting with GACM Technologies' significant decline. While the stock has generated a negative return of 19.86% over the past year, it has still managed to achieve a year-to-date return of 8.97%, outperforming the benchmark's 6.91% during the same period. This discrepancy highlights the stock's volatility and the potential impact of recent performance on investor sentiment. The rising investor participation, indicated by an increase in delivery volume, may suggest that some investors are still optimistic about the company's long-term growth despite the recent price drop.