Why is Samyak Internati falling/rising?

As of 18-Sep, Samyak International Ltd's stock price is currently at 24.35, reflecting a decrease of 0.14, or 0.57%. The stock has underperformed its sector today by 0.9%, and while it is higher than its 5-day moving average, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 1.14%, and it has experienced a significant drop of 62.43% over the past year. The company's financial performance has been troubling, with a negative profit after tax and a substantial decline in net sales compared to previous quarters. Additionally, the promoters have reduced their stake in the company, indicating a lack of confidence in its future prospects.
In the broader market context, the Sensex has increased by 1.80% over the past week, contrasting sharply with Samyak International's decline. This underperformance is evident as the stock has lagged behind the benchmark indices over various periods, including a 4.06% drop in the last month and a 41.82% decline year-to-date. The company's weak long-term fundamentals, characterized by a low return on equity and a high price-to-book ratio compared to peers, further exacerbate its struggles in a rising market. Overall, the combination of poor financial results, decreasing promoter confidence, and significant underperformance relative to the market contributes to the stock's downward movement.