Why is Mercantile Vent. falling/rising?

As of 17-Sep, Mercantile Ventures Ltd is experiencing a decline in its stock price, currently at 31.00, which reflects a decrease of 0.55 or 1.74%. The stock has underperformed its sector today by 1.68%, and the delivery volume has significantly dropped by 88.18% compared to the 5-day average, indicating falling investor participation. Despite this, the company has shown positive financial results, with net sales growing by 21.59% and a profit after tax of Rs 10.07 Cr over the past nine months. The stock has generated an 18.59% return over the last year, outperforming the BSE500 in the long term, although its recent performance has been less favorable.
In the broader market context, the stock's performance over the past week shows a decline of 2.18%, while the Sensex has increased by 1.56%, highlighting a significant underperformance relative to the benchmark. Although the stock has demonstrated strong returns over longer periods, including a 34.72% increase year-to-date and a remarkable 300.52% rise over five years, the current short-term trends suggest a struggle to maintain momentum. The stock's liquidity remains adequate for trading, but the recent drop in delivery volume may signal caution among investors, contributing to the current price decline.