Why is SKP Securities falling/rising?

As of 04-Aug, SKP Securities Ltd is experiencing a decline in its stock price, currently at Rs 120.60, which represents a decrease of 4.05 or 3.25%. The stock has been underperforming, having fallen for three consecutive days with a total return of -11.58% during this period. Although it opened with a gain of 3.49% today and reached an intraday high of Rs 129, it ultimately closed at its low for the day. The stock has shown significant underperformance over the past week and year, with returns of -10.90% and -18.84%, respectively. Despite strong long-term fundamentals, including a healthy average Return on Equity (ROE) of 16.27% and impressive operating profit growth, the stock's recent performance has been negatively impacted by a decline in profits and significant negative results reported in June.
In the broader market context, SKP Securities has underperformed compared to the benchmark Sensex, which has shown a slight increase of 0.16% over the past week. The stock's year-to-date performance is particularly concerning, with a drop of 43.37%, while the Sensex has gained 3.69% during the same period. The overall market sentiment appears to be unfavorable for SKP Securities, as indicated by falling investor participation and a significant drop in delivery volume. This combination of negative short-term performance relative to the benchmark and declining investor interest suggests that the stock is facing challenges that are contributing to its current downward trend.