Why is Mercantile Vent. falling/rising?

As of 26-Sep, Mercantile Ventures Ltd is experiencing a decline in its stock price, currently at 29.00, reflecting a decrease of 0.98 or 3.27%. The stock has underperformed its sector by 1.74% today and has been on a consecutive fall for the last three days, accumulating a total decline of 8.83% during this period. Despite having positive net sales growth of 21.59% and a higher profit after tax for the nine-month period, the stock's recent performance is overshadowed by its short-term losses. It is trading above its 50-day, 100-day, and 200-day moving averages, yet below its 5-day and 20-day moving averages, indicating mixed technical signals. The stock has shown strong long-term performance, with a year-to-date return of 26.03% and a five-year return of 322.74%, but the recent downturn suggests investor caution.
In the broader market context, Mercantile Ventures Ltd's short-term performance has been notably weaker than the benchmark, with a one-week decline of 9.91% compared to the Sensex's drop of 2.66%. This significant underperformance may reflect broader market sentiments or sector-specific challenges affecting investor confidence. Despite the stock's impressive long-term performance and attractive valuation metrics, the recent price movement indicates that short-term pressures are influencing investor behavior, leading to a decline in stock price amidst rising investor participation.