Why is Sindhu Trade falling/rising?

As of 28-Jul, Sindhu Trade Links Ltd is experiencing a decline in its stock price, currently at Rs 29.50, which reflects a decrease of Rs 1.5 or 4.84%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 10.74% during this period. Today's performance indicates that the stock has underperformed its sector by 3.67%, with an intraday low of Rs 28.49. Despite a strong year-to-date return of 34.70% and a remarkable 52.30% increase over the past year, the recent operating losses and significant declines in net sales and profit before tax have raised concerns about the company's long-term fundamental strength. Additionally, while there has been an increase in institutional investor participation, the stock's current valuation and recent financial performance suggest caution among investors.
In the broader market context, the stock's short-term performance contrasts sharply with the benchmark, as it has declined by 6.02% over the past week compared to a 1.59% drop in the Sensex. Despite the stock's impressive long-term returns, the recent negative financial results and operational challenges have overshadowed its market-beating performance. The overall market has faced negative returns, with the BSE500 index down by 2.52% in the last year, yet Sindhu Trade Links Ltd has managed to outperform significantly. However, the combination of recent losses and declining sales has likely contributed to the stock's current downward trend, leading to a cautious sentiment among investors.