Why is SMC Global Sec. falling/rising?

As of 27-Jun, SMC Global Securities Ltd is currently priced at 152.20, reflecting an increase of 0.65 (0.43%). The stock has shown strong performance recently, with a 1-week return of +8.79% and a 1-month return of +27.90%, significantly outperforming the Sensex, which returned +2.00% and +3.07% respectively over the same periods. Despite this positive momentum, the stock has experienced a decline of -3.67% over the past year, coinciding with a substantial drop in profits of -22.2%. The stock is currently trading above its moving averages, indicating a bullish trend, but there has been a notable decrease in investor participation, with delivery volume falling by -73.83% against the 5-day average.
In the broader market context, SMC Global Securities Ltd's recent performance has outpaced the benchmark index, suggesting a favorable sentiment among investors despite the company's negative financial results in recent quarters. The stock's attractive valuation, with a Price to Book Value of 1.3 and a strong long-term growth rate in operating profits of 30.56% CAGR, contrasts with the negative sentiment reflected in its declining net sales and the absence of domestic mutual fund investment, which may indicate a lack of confidence in the stock's future performance. Overall, while the stock has shown resilience in the short term, underlying financial challenges may be contributing to cautious investor sentiment.