Why is Sindhu Trade falling/rising?

As of 17-Jul, Sindhu Trade Links Ltd's stock price is currently at Rs 32.78, reflecting a decrease of Rs 1.22 or 3.59%. Today's price summary indicates that the stock has underperformed its sector by 3.51%, following a trend reversal after three consecutive days of gains. The stock reached an intraday high of Rs 36.75 but also fell to a low of Rs 32.2, showcasing high volatility with an intraday fluctuation of 8.12%. Over the past year, the stock has generated a substantial return of 71.98%, significantly outperforming the market, while its profits have risen by 71.8%. However, the company is facing challenges, including operating losses and weak long-term fundamentals, which may contribute to the recent decline in stock price.
In the broader market context, Sindhu Trade Links Ltd has shown a strong performance over the past year compared to the BSE500, which has only returned 0.26%. Despite this impressive annual return, the stock's recent price drop indicates a potential shift in investor sentiment, possibly influenced by the company's operating losses and low domestic mutual fund holdings, which suggest a lack of confidence among institutional investors. The stock's current trading at a discount to its peers may not be enough to offset concerns regarding its financial health, leading to the observed decline in price.