Why is SMC Global Sec. falling/rising?

As of 25-Jul, SMC Global Securities Ltd is experiencing a decline in its stock price, currently at Rs 143.60, which represents a decrease of Rs 7.65 or 5.06%. The stock has underperformed its sector by 2.94% today and has been on a consecutive downward trend for the last two days, resulting in a total return of -5.53% over this period. Additionally, the stock touched an intraday low of Rs 142.5 and has shown a significant drop in investor participation, with delivery volume falling by 45.06% compared to the 5-day average. While the company has demonstrated strong long-term fundamental strength with a 30.56% CAGR growth in operating profits, it has also faced negative results in recent quarters, including a -7.46% fall in net sales and a -59.73% decline in PAT over the latest six months, contributing to the stock's recent poor performance.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week return of -4.23% compared to the Sensex's -0.36%. This underperformance is compounded by a general decline in the finance/NBFC sector, which has fallen by 2.12%. Despite a year-to-date gain of 6.37%, the stock's overall negative returns over the past year (-5.53%) and the lack of domestic mutual fund investment suggest a lack of confidence in its current valuation and business prospects. The stock's trading at a premium compared to its peers, alongside consecutive quarters of negative results, indicates that investor sentiment remains cautious, further driving the stock's decline.