Why is SKP Securities falling/rising?

As of 21-Jul, SKP Securities Ltd is experiencing a decline in its stock price, currently at Rs 132.55, which represents a decrease of Rs 7.45 or 5.32%. Today's price summary indicates that the stock has underperformed its sector by 6.18%, touching an intraday low of Rs 132.55. Despite a positive performance over the past week and month, with returns of 3.47% and 20.06% respectively, the stock has faced significant challenges year-to-date, showing a decline of 37.76%. The company's long-term fundamentals remain strong, with an average Return on Equity (ROE) of 16.27% and healthy operating profit growth, but recent negative results, including a 51.62% drop in PAT and the lowest quarterly net sales, have negatively impacted investor sentiment.
In the broader market context, while the Sensex has shown a slight decline of 0.06% over the past week, SKP Securities' recent performance has been notably weaker, indicating a divergence from the benchmark. The stock's year-to-date performance contrasts sharply with the Sensex's gain of 5.20%, highlighting the challenges faced by SKP Securities. Although there has been rising investor participation, with an increase in delivery volume, the overall liquidity remains low, which may contribute to the stock's volatility. The combination of strong long-term fundamentals and recent negative financial results creates a complex picture for investors, leading to the current downward trend in the stock price.