Why is Symphony falling/rising?

As of 23-Jul, Symphony Ltd. is experiencing a decline in its stock price, currently at Rs 1,130.55, which reflects a decrease of Rs 34.45 or 2.96%. The stock has underperformed its sector by 2.47% today, reaching an intraday low of Rs 1,130, which is a 3% drop. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, falling by 22.08% compared to the 5-day average, suggesting reduced investor participation. Although the company has shown high management efficiency with a return on equity (ROE) of 16.86% and positive quarterly results, the long-term growth prospects are concerning, with net sales growing at an annual rate of only 7.40% over the last five years.
In the broader market context, Symphony's short-term performance has been notably poor, with a 4.56% decline over the past week, while the benchmark Sensex has slightly increased by 0.11%. Year-to-date, Symphony's stock has dropped 15.90%, contrasting sharply with the Sensex's gain of 5.87%. This underperformance relative to the benchmark highlights the challenges Symphony faces in attracting investor confidence, especially given its premium valuation compared to peers and the slow growth in net sales and operating profit. Overall, the combination of declining stock performance, reduced trading volume, and poor long-term growth prospects contributes to the stock's current downward trajectory.