Why is Spacenet Enterpr falling/rising?

As of 06-Nov, Spacenet Enterprises India Ltd is experiencing a decline in its stock price, currently at 9.51, which reflects a decrease of 0.51 or 5.09%. The stock has underperformed its sector by 3.81% today and has shown a negative return of 9.08% over the past week. While the stock is above its 50-day and 100-day moving averages, it is below its 5-day, 20-day, and 200-day moving averages. Despite a significant drop of 50.88% year-to-date and a 63.27% decrease over the past year, the company has demonstrated strong long-term growth potential, with operating profit increasing at an annual rate of 65.31% and a notable growth in PAT and net sales in the latest quarter.
Broader Market Context: In comparison to the benchmark Sensex, which has declined by 1.42% over the past week, Spacenet's performance is significantly worse. The broader market context shows that the BSE Small Cap index has also fallen by 1.53%, indicating a challenging environment for small-cap stocks. The company's low debt-to-equity ratio and healthy growth metrics suggest potential for recovery; however, the current market sentiment and recent performance indicate that investors may be cautious, contributing to the stock's downward movement.