Why is Smartlink Hold. falling/rising?

As of 03-Sep, Smartlink Holdings Ltd is experiencing a decline in its stock price, currently at Rs 146.25, which reflects a decrease of Rs 5.15 or 3.4%. The stock has underperformed its sector by 4.3% today and has fallen after two consecutive days of gains. It reached an intraday low of Rs 146, indicating a negative trend. Over the past week, the stock has decreased by 0.71%, and it has significantly underperformed over the last year, with a return of -47.77%. The company's weak long-term fundamental strength is highlighted by an average Return on Equity (ROE) of 3.99% and poor growth in operating profit, which has only grown at an annual rate of 4.73% over the last five years. Additionally, the latest financial results show a decline in profit after tax and net sales, contributing to a perception of risk among investors.
In the broader market context, the Sensex has shown a slight decline of 0.27% over the past week, indicating that the market is generally weak but not as severely as Smartlink Holdings Ltd. The stock's performance has been notably poor compared to the benchmark, especially over the last year and three years, where it has consistently underperformed. Despite a recent increase in investor participation, the overall sentiment remains negative due to the company's flat financial results and the risks associated with its operating profits. This combination of factors contributes to the stock's downward movement in the current market environment.