Why is Wealth First Por falling/rising?

As of 24-Jul, Wealth First Portfolio Managers Ltd is experiencing a decline in its stock price, currently at 1,215.50, which reflects a decrease of 15.5 points or 1.26%. The stock has underperformed its sector by 0.52% today, despite being higher than its 20-day, 50-day, 100-day, and 200-day moving averages. However, it is lower than the 5-day moving average. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 53.15% against the 5-day average. Over the past week, the stock has shown a slight increase of 0.05%, but it has declined by 5.63% over the past month and 19.76% year-to-date. While the stock has generated a return of 29.30% over the past year and has shown strong long-term fundamental strength with an average Return on Equity (ROE) of 34.91%, it faces challenges due to poor long-term growth and negative financial results, including a significant drop in net sales and profits.
In the broader market context, the Sensex has shown a slight decline of 0.20% over the past week, while Wealth First's performance has been relatively stable in comparison. However, the stock's year-to-date performance is notably worse than the benchmark, which has gained 5.99%. The company's valuation appears expensive, with a Price to Book Value of 10.1, and the lack of investment from domestic mutual funds may indicate a lack of confidence in the stock's current price or business prospects. Overall, the combination of declining sales, negative quarterly results, and reduced investor participation contributes to the stock's downward movement despite its historical performance and strong returns over the longer term.