Why is Samyak Internati falling/rising?

As of 23-Sep, Samyak International Ltd's stock price is currently at 24.09, reflecting a decrease of 0.14, or 0.58%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 1.07% during this period. It has also underperformed its sector by 0.91%. Over the past week, the stock has dropped by 1.63%, and its year-to-date performance shows a significant decline of 42.44%. The company's weak financial fundamentals are highlighted by a low return on equity of 5.80% and substantial losses reported in recent quarters, including a 1180% drop in profit after tax compared to previous averages. Additionally, promoter confidence appears to be waning, as they have reduced their stake in the company by 1.58%.
In the broader market context, while the Sensex has shown a slight increase of 0.98% over the past month, Samyak International Ltd has experienced a decline of 2.86% during the same period. This stark contrast indicates that the stock is not only struggling in the short term but has also underperformed against the benchmark over the last year and three years. The stock's liquidity is also a concern, with a significant drop in delivery volume, suggesting reduced investor interest. Overall, the combination of poor financial performance, declining promoter confidence, and underwhelming market performance contributes to the stock's downward trajectory.