Why is SKP Securities falling/rising?

As of 25-Jul, SKP Securities Ltd is currently priced at 131.00, reflecting an increase of 1.55 (1.2%). The stock has shown a positive trend recently, gaining for the last three days with a total return of 3.35% during this period. Despite this upward movement, the stock has underperformed in the past week with a decline of 6.43%. The stock's performance today outperformed its sector by 3.32%, although it did touch an intraday low of Rs 125, indicating some volatility. The company has strong long-term fundamentals, with an average Return on Equity (ROE) of 16.27% and healthy operating profit growth, but it is also facing challenges, such as negative results reported for the last six months, which may be affecting investor sentiment.
Broader market context shows that while SKP Securities has had a positive return of 12.93% over the past month, the benchmark Sensex has declined by 1.56% in the same timeframe. However, year-to-date, SKP Securities has significantly lagged behind the Sensex, with a decline of 38.48% compared to the benchmark's increase of 4.25%. This disparity highlights the stock's struggles despite some recent gains, as broader market conditions and sector performance, particularly in Finance/NBFC, which has fallen by 2.12%, may be influencing investor participation and overall liquidity in the stock.