Why is SPA CAPT SER falling/rising?

As of 14-Jul, SPA Capital Services Ltd is experiencing a decline in its stock price, currently at Rs 140.15, reflecting a decrease of Rs 7.35 or 4.98%. The stock has underperformed its sector by 5.06% today and has been on a consecutive downward trend for the last two days, with a total decline of 9.73% during this period. Additionally, the stock opened with a loss of 4.98% and has not traded above this price throughout the day. Over the past week, the stock has seen a significant drop of 14.23%, while its year-to-date performance shows a decline of 7.64%, contrasting with a positive return of 18.46% over the past year. Despite positive financial results, including a 49.93% growth in net sales over the last six months, the stock's low return on equity of 3.9 and high price-to-book value of 2.6 suggest an expensive valuation, contributing to its recent price decline.
In the broader market context, the Sensex has only decreased by 1.42% over the past week, indicating that SPA Capital Services Ltd's performance is significantly lagging behind the benchmark. While the stock has outperformed the market over the past year, its recent performance contrasts sharply with the benchmark's positive return of 5.27% year-to-date. The stock's erratic trading behavior, with a notable drop in delivery volume by 29.58% against the five-day average, further indicates falling investor participation, which may be influencing the stock's current downward trajectory.