Why is SMC Global Sec. falling/rising?

As of 24-Jun, SMC Global Securities Ltd's stock price is currently at Rs 147.00, reflecting an increase of 1.2 (0.82%). The stock has shown a strong performance recently, gaining 11.32% over the last three days and achieving a one-week return of 4.66%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. However, despite this recent uptick, the company has faced challenges, including a significant decline in net sales of 7.46% and negative results in the last two consecutive quarters, which have contributed to a year-over-year return of -14.29%. The stock's long-term fundamentals remain strong, with a 30.56% CAGR growth in operating profits, but the recent negative financial performance has raised concerns among investors.
In the broader market context, SMC Global Securities Ltd has outperformed the Sensex with a one-week return of 4.66% compared to the benchmark's 0.58%. However, over the past year, while the Sensex has generated a return of 6.10%, SMC Global has underperformed significantly with a -14.29% return. This disparity highlights the stock's struggles despite some recent positive movements. The lack of investment from domestic mutual funds, which hold 0% of the company, may indicate a lack of confidence in its current valuation and business prospects, further influencing the stock's price dynamics.