Why is Swastika Investm falling/rising?

As of 03-Jul, Swastika Investmart Ltd's stock price is currently at 132.05, reflecting a decrease of 0.7, or 0.53%. The stock has recently experienced a trend reversal, falling after seven consecutive days of gains. Despite this decline, the stock has shown strong performance over the past week with an increase of 8.15%, while it has underperformed over the past month with a return of 1.38%. The stock's long-term fundamentals remain strong, evidenced by a healthy average Return on Equity (ROE) of 19.23% and significant operating profit growth of 37.73% annually. However, recent quarterly results indicate a substantial decline in net sales, profit before tax, and profit after tax, which may contribute to the stock's current downward movement.
In the broader market context, the stock's performance over the past year has been notably poor, with a return of -13.44% compared to the benchmark Sensex's gain of 4.07%. This underperformance highlights the challenges faced by Swastika Investmart Ltd, particularly as the overall market has generated positive returns. While there has been rising investor participation and increased promoter confidence, with a 4.86% increase in their stake, the recent financial results may overshadow these positive factors, leading to a cautious outlook among investors.