Why is Modern Shares falling/rising?

As of 28-Aug, Modern Shares & Stockbrokers Ltd is experiencing a decline in its stock price, currently at Rs 41.00, which reflects a decrease of Rs 2.62 or 6.01%. The stock has underperformed its sector by 4.94% today and has fallen after three consecutive days of gains. It opened with a significant loss of 8.23%, reaching an intraday low of Rs 40.03. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, despite a recent increase in delivery volume, the stock has shown weak long-term fundamentals, with an average Return on Equity (ROE) of only 1.74% and a significant decline in profits over the past year.
In the broader market context, the stock's performance over the last week shows a modest gain of 0.49%, while the benchmark Sensex has declined by 2.34%. However, over the past year, Modern Shares has underperformed significantly, with a return of -17.17% compared to the Sensex's -2.08%. This stark contrast highlights the stock's struggles relative to the market, exacerbated by its high valuation compared to peers and a flat performance in its latest financial results. The combination of these factors contributes to a negative sentiment surrounding the stock, reinforcing its status as a strong sell.