Why is Samyak Internati falling/rising?

As of 08-Jul, Samyak International Ltd is experiencing a decline in its stock price, currently at Rs 26.48, which represents a decrease of 2.6 or 8.94%. The stock has hit a new 52-week low of Rs 24.21 today and has underperformed its sector by 8.89%. Over the past week, the stock has fallen by 11.76%, and in the last month, it has seen a significant drop of 26.24%. The company has been facing weak long-term fundamentals, with a low return on equity of 5.80% and negative financial results, including a substantial decline in net sales and profits. Additionally, the stock has been trading below its moving averages and has shown falling investor participation, with a 40.78% decrease in delivery volume compared to the five-day average.
In the broader market context, the Sensex has remained relatively stable, with a slight increase of 0.02% over the past week, contrasting sharply with Samyak International's performance. This stark difference highlights the stock's underperformance, as it has not only lagged behind the benchmark but has also shown negative returns over various periods, including a 36.73% decline year-to-date. The combination of high volatility, weak financial performance, and a premium valuation compared to peers suggests that investor confidence is waning, contributing to the stock's downward trajectory.