Why is Sindhu Trade falling/rising?

As of 15-Oct, Sindhu Trade Links Ltd is experiencing a decline in its stock price, currently at 25.29, which reflects a decrease of 0.21 or 0.82%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 4.13%. Additionally, the stock's performance today has underperformed its sector by 1.44%. While it has shown a positive return of 4.20% over the past month, its year-to-date return stands at 15.48%. However, the company has faced challenges, including a significant drop in profits by 39% over the past year, despite an attractive valuation with a Price to Book Value of 2.4. Institutional investors have increased their stake, which may provide some support, but the overall weak long-term fundamentals, highlighted by a low Return on Equity of 2.46%, contribute to the stock's downward movement.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has gained 1.02% over the past week and 1.00% over the past month. This indicates that while the stock has seen some gains over a longer period, it is currently lagging behind the market in the short term. The declining investor participation, evidenced by a 40.1% drop in delivery volume, further exacerbates the stock's struggles. Overall, the combination of weak fundamentals, recent profit declines, and underperformance relative to both the sector and the benchmark suggests that Sindhu Trade Links Ltd is facing significant challenges that are impacting its stock price negatively.