Why is LKP Securities falling/rising?

As of 12-Aug, LKP Securities Ltd is experiencing a decline in its stock price, currently at 18.10, which reflects a decrease of 0.2 or 1.09%. The stock has been on a downward trend, having fallen for the last three days with a total return of -4.74% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Additionally, there has been a decrease in investor participation, with delivery volume dropping by 8.19% compared to the 5-day average. Over the past year, the stock has underperformed significantly, generating a return of -13.81% while the market has only declined by -2.11%. Although the company has a relatively attractive valuation with a ROE of 14.3 and a PEG ratio of 1.3, its long-term fundamentals are weak, with net sales declining by 20.92% and PAT falling by 26.76% in the latest six months.
In the broader market context, LKP Securities' short-term performance has been notably worse than the benchmark, with a 1-week return of -4.94% compared to the Sensex's decline of only -0.59%. This stark contrast highlights the stock's struggles relative to the overall market. Despite the company's profits increasing by 12.2% over the past year, the significant drop in stock price suggests that investors are concerned about its long-term growth potential, particularly given the weak sales growth rate of 7.54% annually. The combination of poor recent performance, declining investor interest, and weak long-term fundamentals contributes to the stock's current downward trajectory.