Why is Smruthi Organic falling/rising?

As of 26-Sep, Smruthi Organics Ltd is experiencing a decline in its stock price, currently at Rs 129.00, which reflects a decrease of Rs 3.9 or 2.93%. The stock has underperformed its sector by 0.59% today and has been on a consecutive downward trend for the last five days, resulting in an overall decline of 8.38% during this period. The stock reached an intraday low of Rs 124, indicating significant selling pressure. Despite a low Debt to Equity ratio of 0.10 and a notable increase in profits by 301% over the past year, the stock's performance has been lackluster, with a one-year return of -12.19% and a three-year return of -40.87%.
In the broader market context, the Sensex has also seen a decline of 2.66% over the past week, indicating a challenging environment for equities. However, Smruthi Organics has significantly underperformed this benchmark, particularly in the short term. The Pharmaceuticals & Drugs sector has also faced a downturn, falling by 2.35%, which may contribute to the stock's struggles. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 36.46% against the five-day average, suggesting reduced interest in trading the stock. Overall, while the company has attractive valuations compared to its peers, the recent trends indicate a challenging situation for Smruthi Organics Ltd.