Why is NDA Securities falling/rising?

As of 11-Jul, NDA Securities Ltd is experiencing a decline in its stock price, currently at Rs 50.60, which reflects a decrease of Rs 2.0 or 3.8%. The stock has underperformed its sector by 2.88% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 4.11%. It opened significantly lower, with a loss of 7.79%, and reached an intraday low of Rs 48.5. Despite having positive long-term performance metrics, such as a 55.60% year-to-date return and a 321.67% return over three years, the stock's recent performance has been weak, with a 16.91% decline over the past month. The falling investor participation, indicated by a decrease in delivery volume, and the stock trading below its shorter-term moving averages suggest a lack of confidence among investors.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has only declined by 1.12% over the past week. While NDA Securities has shown strong long-term growth and profitability, its weak long-term fundamental strength, characterized by an average return on equity of 8.58% and slow net sales growth, raises concerns among investors. The stock's premium valuation compared to peers, despite positive earnings growth, may also contribute to the current selling pressure as investors reassess its future potential in light of these factors.