Why is Secmark Consult. falling/rising?

As of 18-Nov, Secmark Consultancy Ltd is experiencing a decline in its stock price, currently at Rs 117.00, which reflects a decrease of Rs 6.55 or 5.3%. The stock has been underperforming, having lost 10.17% over the last three days and opened with a loss of 2.59% today. 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 significantly, with delivery volume dropping by 61.88% against the 5-day average. Despite a year-to-date return of 2.86% and a strong annual profit growth of 68%, the stock's recent performance is overshadowed by its current decline.
In the broader market context, while Secmark's short-term performance has been negative, the benchmark Sensex has shown a modest gain of 0.96% over the past week. This indicates that the stock's decline is not aligned with the overall market trend. Although the company has demonstrated healthy long-term growth with a low debt-to-equity ratio and attractive valuations, these positive factors have not been sufficient to counteract the recent downward pressure on the stock price. The majority shareholders being promoters may provide some stability, but the current market sentiment and trading patterns suggest a challenging environment for Secmark Consultancy Ltd at this time.