Why is Singer India falling/rising?

As of 14-Jul, Singer India Ltd's stock price is currently at 67.02, reflecting a slight increase of 0.03, or 0.04%. Despite this minor uptick, the stock has underperformed its sector by 0.59% today. Over the past week, it has seen a decline of 1.27%, and its performance over the last month shows a significant drop of 7.57%. The stock is trading above its 100-day moving average but below its 5-day, 20-day, 50-day, and 200-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 51.88% compared to the 5-day average. While the company reported a remarkable 168.21% growth in net profit and positive quarterly results, the stock has still generated a negative return of 23.62% over the past year, indicating a disconnect between its financial performance and stock price movement.
In the broader market context, the Sensex has experienced a decline of 1.42% over the past week, which is slightly worse than Singer India's performance. However, the stock's year-to-date return of -17.25% starkly contrasts with the Sensex's gain of 5.27%, highlighting its underperformance relative to the market. The company’s weak long-term fundamentals, evidenced by a -21.34% CAGR growth in operating profits over the last five years and a low average return on equity of 8.26%, further contribute to investor skepticism. Despite trading at a discount compared to its peers and a favorable PEG ratio of 0.9, the overall sentiment remains cautious due to the stock's historical underperformance and declining investor interest.