Why is SignatureGlobal falling/rising?

As of 23-Sep, SignatureGlobal India Ltd is experiencing a slight decline in its stock price, currently at 1,112.15, reflecting a decrease of 0.5 or 0.04%. The stock has underperformed in the short term, with a 1-week return of -2.78%, while the benchmark Sensex has only declined by 0.34%. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. Investor participation has also decreased significantly, with a delivery volume drop of 51.01% compared to the 5-day average. Despite these challenges, the company has shown strong financial performance, with net sales and operating profit growing at impressive rates, and it has reported positive results for the last six consecutive quarters.
In the broader market context, SignatureGlobal's performance has been notably weaker than the Sensex, which has gained 5.07% year-to-date, while SignatureGlobal has dropped 17.87%. This stark contrast highlights the stock's struggles despite its healthy growth metrics, such as a low debt-to-equity ratio and significant profit increases. The stock's negative performance over the past year, with a return of -29.43%, raises concerns about its valuation, particularly given the high growth in profits. This combination of underperformance relative to the market and the stock's risky trading status contributes to the perception of SignatureGlobal as a strong sell, further influencing its current price decline.