Why is Samyak Internati falling/rising?

As of 15-Jul, Samyak International Ltd's stock price is currently at Rs 24.91, reflecting a decrease of Rs 0.23 or 0.91%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 4.12%. It is trading lower than all its moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), and is also close to its 52-week low, being just 4.9% away from Rs 23.69. The stock has shown significant negative performance over the past month, with a decline of 18.22%, and a year-to-date drop of 40.48%. The company's weak long-term fundamentals, highlighted by a low return on equity of 5.80% and negative quarterly results, further contribute to its declining stock price. Additionally, a decrease in promoter stake by 1.58% suggests reduced confidence in the company's future prospects.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 1.36% over the past week. This underperformance is evident as Samyak International Ltd has generated a return of -5.93% over the last week compared to the benchmark. The stock's negative trajectory is compounded by a significant drop in net sales and profits, which have fallen by 30.43% and 101% respectively over the past year. The overall sentiment around the stock remains bearish, as indicated by its classification as a strong sell due to its expensive valuation relative to peers and ongoing poor performance metrics.