Why is NDA Securities falling/rising?

As of 17-Sep, NDA Securities Ltd is experiencing a decline in its stock price, currently at Rs 41.80, which reflects a decrease of Rs 3.2 or 7.11%. Today's price summary indicates that the stock has underperformed its sector by 7.05%, with an intraday low of Rs 41.03, marking an 8.82% drop. The stock has traded in a wide range of Rs 4.12, and it is currently below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Although the company has shown a positive return of 0.99% over the past year and has seen a significant increase in profits by 73%, the weak long-term fundamental strength indicated by an average Return on Equity (ROE) of 8.58% and flat quarterly results may be contributing to the stock's recent downward movement.
In the broader market context, NDA Securities has underperformed the Sensex, which has gained 1.56% over the past week, while NDA Securities has declined by 3.44%. Despite the recent drop, the company has shown strong performance over the longer term, with a 28.54% increase year-to-date and a remarkable 189.47% increase over the past three years. The rising promoter confidence, with a 10.25% increase in their stake, suggests a belief in the company's future potential. However, the stock's current challenges, including weak sales growth and disappointing quarterly results, may overshadow these positive factors, leading to its recent price decline.