Why is Smartlink Hold. falling/rising?

As of 25-Aug, Smartlink Holdings Ltd is currently priced at 147.35, with no change in price (0.00%). The stock has been trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend. Additionally, there has been a significant decline in investor participation, with delivery volume falling by 30.32% compared to the 5-day average. The stock has underperformed in the short term, with a 1-week return of -3.35% and a year-to-date return of -25.13%. The company's weak long-term fundamental strength, characterized by an average Return on Equity (ROE) of 3.99% and poor growth in operating profit, further exacerbates its negative performance. Recent financial results show a decline in profit after tax and net sales, contributing to the perception of the stock as a strong sell.
In the broader market context, Smartlink Holdings Ltd's performance has been notably poor compared to the benchmark Sensex, which has gained 0.45% over the past week and 4.48% year-to-date. While the stock has generated a return of -39.36% over the past year, the Sensex has only seen a modest increase of 0.68%. This stark contrast highlights the stock's underperformance not only in the long term but also in the near term, as it has consistently lagged behind broader market trends. The combination of weak financial results, declining investor interest, and poor relative performance against the benchmark suggests a challenging outlook for Smartlink Holdings Ltd.