Why is Monarch Networth falling/rising?

As of 29-Jul, Monarch Networth Capital Ltd's stock price is currently at 361.25, reflecting a decline of 3.75, or 1.03%. The stock has been underperforming recently, having fallen for the last five consecutive days, resulting in a total decline of 6.12% over that period. Today, it opened with a significant loss of 8.9%, reaching an intraday low of Rs 332.5. Despite its strong long-term fundamentals, including a robust average Return on Equity (ROE) of 26.35% and healthy growth rates in net sales and operating profit, the stock's recent performance has been negatively impacted by flat results reported on June 25 and a lack of domestic mutual fund investment, which may indicate a lack of confidence at current price levels.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark Sensex, which has only declined by 1.03% over the same week. While Monarch Networth has shown positive returns over longer periods, such as a 10.64% increase over the past year and a remarkable 3020.95% rise over the last five years, the recent downturn suggests that investor sentiment may be shifting. The stock's liquidity remains adequate, with increased delivery volume, but the overall market reaction indicates caution among investors, particularly in light of the company's recent performance and the absence of significant institutional support.