Why is Sindhu Trade falling/rising?

As of 24-Jul, Sindhu Trade Links Ltd is experiencing a decline in its stock price, currently at Rs 32.00, reflecting a decrease of Rs 1.05 or 3.18%. Today's price summary indicates that the stock has underperformed its sector by 2.62% and has fallen after two consecutive days of gains. The stock reached an intraday high of Rs 33.72 but also touched a low of Rs 31.82, with trading volume skewed towards the lower price. Over the past year, the stock has generated a significant return of 74.48%, outperforming the market, but recent operating losses and a weak long-term fundamental strength have raised concerns. Despite a fair valuation and a PEG ratio of 0.6, the company's operating losses and negative quarterly results have contributed to the current price decline.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a 1-week return of -2.38% compared to the Sensex's -0.09%. While the stock has shown strong year-to-date and one-year returns, the recent drop in investor participation, as indicated by a 38.37% decrease in delivery volume, suggests a lack of confidence among investors. Additionally, the minimal stake held by domestic mutual funds may indicate discomfort with the current price or business outlook, further influencing the stock's downward movement.