Why is SPA CAPT SER falling/rising?

As of 16-Jul, SPA Capital Services Ltd is experiencing a decline in its stock price, currently at Rs 133.15, which represents a decrease of 7.0 points or 4.99%. Today's trading activity has shown erratic patterns, with the stock opening with a gain of 4.89% but subsequently falling to a day's low of Rs 133.15. Over the past week, the stock has underperformed significantly, with a return of -14.24%, while also showing a year-to-date decline of -12.26%. Despite some positive financial results, including a notable growth in net sales and high quarterly profits, the stock's low return on equity and expensive valuation compared to peers contribute to its downward movement.
In the broader market context, the stock's performance has been notably weaker than the benchmark, with the Sensex showing a modest gain of 1.02% over the past month. The consistent underperformance against the benchmark over the last three years, coupled with a significant drop in investor participation and liquidity issues, further exacerbates the stock's challenges. While the stock has traded at a discount to its peers, the overall negative sentiment and declining delivery volume indicate a lack of confidence among investors, leading to its current price decline.