Why is Monarch Networth falling/rising?

As of 08-Jul, Monarch Networth Capital Ltd's stock price is currently at 369.05, reflecting a decrease of 5.15, or 1.38%. The stock has been underperforming, having fallen for the last two days with a total decline of 2.96%. Today's trading saw the stock reach an intraday high of Rs 385.6 and a low of Rs 361.15, indicating significant volatility. Despite a strong long-term performance with a 42.84% return over the past year and impressive growth in net sales and operating profit, recent negative quarterly results have raised concerns. The company reported a substantial decline in net sales, profit before tax, and profit after tax compared to previous quarters, which may have contributed to the current downward price movement. Additionally, the lack of domestic mutual fund investment could signal a lack of confidence in the stock's valuation.
In the broader market context, Monarch Networth's short-term performance has been notably better than the benchmark, with a 9.33% increase over the past week compared to a mere 0.02% rise in the Sensex. However, the stock's year-to-date performance shows a decline of 15.58%, contrasting sharply with the Sensex's gain of 7.13%. This disparity highlights the stock's recent struggles despite its long-term growth potential. The rising investor participation, evidenced by a 25.53% increase in delivery volume, suggests that some investors may still see value in the stock, but the overall sentiment appears cautious due to the recent negative financial results.