Why is Sindhu Trade falling/rising?

As of 19-Jun, Sindhu Trade Links Ltd is experiencing a decline in its stock price, currently at Rs 26.35, which represents a decrease of 1.1 (-4.01%). The stock has underperformed its sector by 1.78% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 25.9, reflecting a significant drop of 5.65%. Over the past week, the stock has decreased by 5.39%, although it has shown a strong performance over the last month with a return of 28.29%. Despite a year-to-date increase of 20.32%, the company is facing challenges, including operating losses and a weak long-term fundamental strength, which may contribute to the current downward trend. The stock's attractive valuation, with a Price to Book Value of 2.5 and a PEG ratio of 0.5, contrasts with its recent negative performance, particularly following disappointing financial results.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, as it has declined by 5.39% over the past week compared to the Sensex's slight decrease of 0.40%. The overall sector has also faced a downturn, with a drop of 2.26%. Additionally, the falling investor participation, indicated by a 35.51% decrease in delivery volume, suggests a lack of confidence among investors. The limited stake held by domestic mutual funds, at only 0.05%, may further reflect their hesitation regarding the company's current valuation and business prospects, contributing to the stock's decline.