Why is Sar Televenture falling/rising?

As of 25-Jul, Sar Televenture Ltd is experiencing a decline in its stock price, currently at 219.70, reflecting a decrease of 10.45 or 4.54%. The stock has underperformed significantly today, lagging behind its sector by 4.44%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has decreased, with delivery volume falling by 50.39% compared to the 5-day average. Over the past week, the stock has dropped by 3.39%, and it has seen a substantial decline of 9.18% over the past month, while year-to-date returns are down 16.03%. Despite a healthy long-term growth in net sales and operating profit, the stock's recent performance has been negatively impacted by flat results reported in March and consistent underperformance against benchmarks over the last three years.
In the broader market context, Sar Televenture's short-term performance has been notably weaker than the benchmark, with a 1-week decline of 3.39% compared to the Sensex's minor drop of 0.53%. The stock has also underperformed the BSE500 in each of the last three annual periods, contributing to a negative sentiment among investors. While the company boasts a very attractive valuation with a price-to-book ratio of 1.2 and has seen profits rise by 199% over the past year, the overall market perception remains cautious due to its recent flat results and ongoing underperformance relative to market indices.