Why is Banas Finance falling/rising?

As of 27-Jun, Banas Finance Ltd is experiencing a slight decline in its stock price, currently at 8.84, reflecting a decrease of 0.01 or 0.11%. The stock's performance today is in line with its sector, and it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average. Despite a notable increase in investor participation, with delivery volume rising by 113.37% against the 5-day average, the company is facing significant challenges. The latest financial results indicate an operating loss, with net sales and profit after tax both declining by 21.70%. Furthermore, the stock has consistently underperformed against benchmarks over the past three years, generating a return of -6.65% in the last year while profits have plummeted by 578%.
In the broader market context, Banas Finance's short-term return of +6.12% over the past week outpaces the Sensex's +2.00% return, indicating some relative strength in the very short term. However, the company's year-to-date performance shows a stark contrast, with a decline of -11.95% compared to the Sensex's gain of +7.58%. This underperformance, coupled with the company's weak long-term fundamentals and negative EBITDA, suggests that while there may be short-term fluctuations, the overall outlook remains concerning for investors.