Why is SKP Securities falling/rising?

As of 22-Jul, SKP Securities Ltd is experiencing a decline in its stock price, currently at Rs 126.75, which represents a decrease of 5.8 points or 4.38%. The stock has underperformed its sector by 4.17% today and has been on a downward trend for the last two days, accumulating a total drop of 9.46%. Although the stock opened with a gain of 2.68% and reached an intraday high of Rs 136.5, it ultimately fell to its current price, indicating a significant drop from its earlier performance. The stock's year-to-date performance shows a substantial decline of 40.48%, contrasting with a modest increase in the benchmark Sensex, which has risen by 5.18% during the same period. Additionally, the delivery volume has decreased by 25.24% compared to the five-day average, suggesting a decline in investor participation.
In the broader market context, SKP Securities' recent performance has been notably weaker than the Sensex, particularly in the short term, where it has declined by 5.76% over the past week compared to the benchmark's slight drop of 0.47%. This underperformance highlights a lack of investor confidence, which is further compounded by the stock's recent consecutive falls and lower trading volumes. Despite the stock being liquid enough for trading, the overall negative sentiment and falling investor participation are likely contributing factors to its current price decline.