Why is Annvrridhhi Ven falling/rising?

As of 14-Jul, Annvrridhhi Ventures Ltd is experiencing a decline in its stock price, currently at 11.92, which reflects a decrease of 0.86 or 6.73%. The stock has underperformed its sector by 6.81% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 8.31%, and it has seen a significant decline of 49.60% year-to-date. Despite declaring positive results for the last three consecutive quarters, including higher net sales and profits, the stock's long-term fundamental strength is weak, evidenced by a low return on equity of 1.46% and a high price-to-book value ratio of 5.6, indicating it is trading at a premium compared to its peers.
In the broader market context, while the Sensex has shown a slight increase of 1.40% over the past month, Annvrridhhi Ventures Ltd has faced a decline of 9.01% in the same period. This stark contrast highlights the stock's underperformance relative to the market, particularly as it has generated a negative return of 60.82% over the past year, while the broader market has seen a modest gain of 2.15%. The falling investor participation, with a notable decrease in delivery volume, further suggests a lack of confidence among investors, contributing to the stock's downward trajectory.