Why is Sindhu Trade falling/rising?

As of 28-Oct, Sindhu Trade Links Ltd is experiencing a decline in its stock price, currently at 23.98, reflecting a decrease of 0.36 or 1.48%. The stock has underperformed its sector by 1.33% today, and its delivery volume has significantly dropped by 57.3% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 4.61%, and over the past month, it has fallen by 11.38%. Although the stock has generated a return of 8.02% over the past year, its profits have decreased by 39%, which raises concerns about its long-term fundamental strength. The stock is trading at a discount compared to its peers, but the average Return on Equity (ROE) is low at 7.6, contributing to a perception of weak long-term performance.
In the broader market context, the Sensex has shown a slight increase of 0.24% over the past week, contrasting with Sindhu Trade's decline. While institutional investors have increased their stake by 2.1% over the previous quarter, indicating some confidence in the company's potential, the overall negative financial results, including a significant drop in net sales and cash equivalents, overshadow this positive sentiment. The stock's performance relative to the benchmark highlights its struggle to attract retail investors, particularly in light of its recent underperformance and declining investor participation.