Why is Sintercom India falling/rising?

As of 22-Jul, Sintercom India Ltd is experiencing a decline in its stock price, currently at 134.84, which represents a decrease of 8.1 points or 5.67%. The stock has underperformed its sector by 4.61% today, despite showing higher performance than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains lower than the 200-day moving average. In terms of returns, the stock has increased by 2.82% over the past week and 0.39% over the past month, but it has a year-to-date decline of 18.17%. While the stock has generated a return of 5.06% over the past year, it has faced a significant drop in profits by 41.7%, which may be contributing to the current price drop. The stock is also trading at a discount compared to its peers, indicating potential long-term growth despite the recent downturn.
In the broader market context, the Sensex has decreased by 0.54% over the past week and 0.21% over the past month, suggesting that the overall market sentiment is slightly negative but not as pronounced as Sintercom's decline. The stock's year-to-date performance is notably worse than the Sensex, which has gained 5.99% in the same period. This underperformance relative to the benchmark may reflect investor concerns about the company's declining profits despite healthy long-term growth prospects and rising investor participation, as indicated by a significant increase in delivery volume.