Why is GACM Tech falling/rising?

As of 15-Jul, GACM Technologies Ltd is currently priced at 0.82, reflecting a decrease of 0.04 or 4.65%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 8.89% during this period. Additionally, the stock has underperformed its sector by 5.46% today. Over the past week, GACM Technologies has seen a return of -7.87%, while its performance over the last month shows a decline of 12.77%. Despite these short-term challenges, the company has reported outstanding results with a net profit growth of 825.71% in June, and positive results for the last three consecutive quarters, indicating strong underlying financial health. However, the stock is trading at a premium compared to its peers, and the recent drop in delivery volume by 62.12% against the 5-day average suggests waning investor interest.
In the broader market context, the Sensex has experienced a decline of only 1.36% over the past week, indicating that GACM Technologies is lagging behind the benchmark significantly. While the stock has generated a return of -31.09% over the past year, the overall market has seen a modest gain of 2.36%. The increase in promoter confidence, with a 4.48% rise in their stake, suggests a belief in the company's future potential, which could provide some support for the stock. However, the combination of recent price declines, lower investor participation, and the stock's underperformance relative to the benchmark contributes to the current downward trend in GACM Technologies' stock price.