Why is GACM Tech falling/rising?

As of 23-Jul, GACM Technologies Ltd is experiencing a decline in its stock price, currently at 0.66, which represents a decrease of 0.03 or 4.35%. The stock has been underperforming significantly, with a consecutive fall over the last four days, resulting in a total return of -15.38% in that period. Additionally, it is trading below all its moving averages, indicating a bearish trend. The delivery volume has also dropped dramatically by 90.99% compared to the five-day average, suggesting a lack of investor interest. Despite the company reporting outstanding net profit growth of 825.71% and positive results for the last three consecutive quarters, the stock has generated a return of -47.20% over the past year, which contrasts sharply with its rising profits.
In the broader market context, GACM Technologies Ltd's performance has been notably weaker than the benchmark, with a one-week return of -15.38% compared to a slight increase of 0.11% in the Sensex. This underperformance highlights the stock's struggles in attracting investor confidence, despite the recent increase in promoter stake, which indicates some level of confidence in the company's future. The stock's valuation appears attractive with a Price to Book Value of 1.5 and a PEG ratio of 0.1, but these positive factors have not translated into stock price appreciation in the current market environment.