Why is Linc falling/rising?

As of 19-Jun, Linc Ltd's stock price is currently at 126.30, reflecting a decline of 7.4 points or 5.53%. The stock has been on a downward trend, having underperformed its sector by 0.87% today and experiencing a consecutive fall over the last five days, resulting in a total decline of 10.77% during this period. The stock reached an intraday low of Rs 124.7, indicating significant selling pressure. Despite positive quarterly results showing the highest net sales and operating profit margins, the stock has underperformed the market over the past year, with a return of -13.17% compared to the Sensex's gain of 5.20%. Additionally, while the company has a low debt-to-equity ratio and rising promoter confidence, these factors have not been sufficient to counteract the recent negative price movements.
Broader Market Context: In the short term, Linc Ltd has significantly lagged behind the benchmark, with a 1-week return of -10.77% compared to the Sensex's decline of only 0.40%. This stark contrast highlights the stock's struggles in a broader market that has shown relative stability. The printing and stationery sector, to which Linc belongs, has also faced challenges, falling by 5.21%. Furthermore, the decline in investor participation, evidenced by a 40.2% drop in delivery volume, suggests waning interest in the stock, contributing to its recent price decline. Overall, the combination of poor short-term performance, sector-wide issues, and reduced trading activity has led to the stock's current downward trajectory.