Why is Onward Technolog falling/rising?

As of 03-Jul, Onward Technologies Ltd is currently priced at 335.00, reflecting a decrease of 5.95, or 1.75%. The stock has been on a downward trend, having underperformed its sector by 1.55% today and experiencing a consecutive fall over the last five days, resulting in a total decline of 9.76% during this period. Despite the recent negative performance, the company has shown some positive signs, such as a low debt-to-equity ratio and a recent increase in promoter confidence, with promoters raising their stake by 0.8%. However, the stock has generated a return of -19.87% over the past year, coinciding with a 20.2% decline in profits, which may contribute to investor concerns.
In the broader market context, the Sensex has only decreased by 0.62% over the past week, indicating that Onward Technologies' short-term performance is significantly lagging behind the benchmark. While the stock has shown a positive return of 10.09% over the past month, its recent struggles highlight a disconnect between its longer-term potential and current market sentiment. The falling investor participation, evidenced by a dramatic drop in delivery volume, further suggests a lack of confidence among investors, which may be influencing the stock's current price decline.