Why is SKP Securities falling/rising?

As of 29-Sep, SKP Securities Ltd is experiencing a decline in its stock price, currently at Rs 110.40, which reflects a decrease of Rs 4.15 or 3.62%. The stock has been underperforming, having lost 8% over the last three days and is trading below all its moving averages, indicating a bearish trend. Additionally, the stock has shown significant declines over various time frames, with a year-to-date drop of 48.16% compared to a 2.85% increase in the benchmark index. While there has been a rise in investor participation, with delivery volume increasing by 75.07% against the 5-day average, the overall sentiment remains negative as the stock continues to fall.
Broader Market Context: In the short term, SKP Securities has underperformed the benchmark Sensex, with a 1-week return of -6.52% compared to the Sensex's -2.18%. This stark contrast highlights the stock's struggles relative to the broader market, further emphasizing its recent downward trajectory. The negative performance over the past month and year, alongside the significant underperformance against the benchmark, suggests that investor sentiment is currently unfavorable, contributing to the stock's decline.