Why is Sandhar Tech falling/rising?

As of 14-Aug, Sandhar Technologies Limited's stock is currently priced at 409.35, reflecting a decline of 9.1 points or 2.17%. The stock has underperformed its sector by 2.51% today, reaching an intraday low of Rs 406, which is a decrease of 2.98%. Over the past week, the stock has fallen by 8.89%, and its performance over the last month shows a significant drop of 20.29%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased sharply, falling by 63.95% against the 5-day average, suggesting a decline in investor participation. While the company has shown healthy long-term growth with an annual operating profit increase of 42.83%, it has faced negative results recently, including a low operating profit to interest ratio and a high debt-equity ratio, contributing to its recent price decline.
In the broader market context, Sandhar Technologies has underperformed significantly compared to the benchmark, with a one-year return of -36.11% against the BSE500's -0.57%. This stark contrast highlights the stock's struggles relative to the market, particularly as it has not only fallen more steeply than the benchmark but also failed to recover in the same timeframe. Despite its attractive valuation and the potential for long-term growth, the recent negative financial indicators and the stock's substantial decline over the past year have led to a lack of investor confidence, further exacerbating its price drop.