Why is Modern Shares falling/rising?

As of 27-Jun, Modern Shares & Stockbrokers Ltd is experiencing a decline in its stock price, currently at 42.67, reflecting a decrease of 0.38 or 0.88%. The stock has underperformed its sector today by 0.97% and has been on a consecutive downward trend for the last two days, with a total decline of 1.39% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also significantly decreased, falling by 78.49% compared to the 5-day average, suggesting a lack of investor interest. The company has shown weak long-term fundamental strength, with a low return on equity of 1.74% and disappointing financial results, including the lowest quarterly earnings per share at -0.17 and a significant profit decline of 19% over the past year.
In the broader market context, the stock has underperformed significantly compared to the benchmark, with a year-to-date return of -33.33% against the Sensex's 7.58% gain. Over the last year, while the market has generated returns of 4.10%, Modern Shares has seen a negative return of -10.75%. This stark contrast highlights the stock's struggles in attracting investor confidence and maintaining competitive performance. The combination of weak financial results, declining investor participation, and a high valuation relative to peers contributes to the ongoing decline in the stock's price.