Why is SMC Global Sec. falling/rising?

As of 14-Jul, SMC Global Securities Ltd is experiencing a decline in its stock price, currently at 150.35, which reflects a decrease of 2.25 or 1.47%. The stock has underperformed its sector by 1.55% today and has been on a downward trend for the last two days, accumulating a total loss of 2.21% during this period. Despite a healthy long-term growth rate in operating profits at 30.56% CAGR, the company has faced significant challenges, including a 7.46% drop in net sales and negative results reported for the last two consecutive quarters. This has contributed to a year-over-year return of -4.30%, indicating that while the company has strong fundamentals, recent performance has been adversely affected by declining profits and investor sentiment.
In the broader market context, SMC Global's short-term performance has lagged behind the benchmark Sensex, which has seen a decline of 1.42% over the past week compared to the stock's 1.92% drop. This underperformance in the short term, coupled with the company's negative financial results and lack of domestic mutual fund investment, suggests a cautious outlook among investors. The stock's current trading at a premium relative to its peers, despite its attractive valuation metrics, may also be contributing to the downward pressure on its price as investors reassess their positions in light of the recent financial disclosures.