Why is Zaggle Prepaid falling/rising?

As of 13-Jun, Zaggle Prepaid Ocean Services Ltd is experiencing a decline in its stock price, currently at 436.35, which reflects a decrease of 3.4 points or 0.77%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 5.18% during this period. It opened with a loss of 2.26% today and reached an intraday low of Rs 425.25. Despite a positive long-term performance with a 46.28% return over the past year, the stock's recent performance has been overshadowed by a significant drop in investor participation, with delivery volume decreasing by 50.62% compared to the five-day average. The stock's current price is above its 20-day, 50-day, 100-day, and 200-day moving averages, but it is below its 5-day moving average, indicating mixed short-term momentum.
In the broader market context, Zaggle's short-term return of +0.61% over the past week contrasts with the Sensex, which has declined by 1.30% during the same period. While the company has demonstrated strong fundamentals, including a low debt-to-equity ratio and impressive growth in net sales and profits, these positive factors have not been sufficient to counteract the recent downward trend in stock price. The rising confidence of promoters, who have increased their stake in the company, suggests a belief in the company's future potential, but this has not yet translated into positive market sentiment. Overall, the stock's recent struggles appear to be driven by short-term market dynamics rather than its underlying financial health.