Why is Banas Finance falling/rising?

As of 01-Jul, Banas Finance Ltd is currently priced at 8.98, reflecting a decrease of 0.09 or 0.99%. The stock has underperformed its sector today by 0.85%, despite being higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains lower than its 200-day moving average. The stock has shown a mixed performance over various periods, with a 5.77% increase over the past week and a 7.54% increase over the past month, but it has significantly underperformed on a year-to-date basis with a decline of 10.56%. The company is facing challenges, including operating losses and a negative EBITDA, which have contributed to a weak long-term fundamental strength. Additionally, net sales and profit after tax have both declined by 21.70% over the latest six months, indicating ongoing financial difficulties.
In the broader market context, while Banas Finance has seen positive returns in the short term compared to the benchmark, it has consistently underperformed against the BSE500 over the last three years, with a total return of -9.11% in the past year. This consistent underperformance, coupled with falling investor participation and liquidity concerns, suggests that investor sentiment is cautious. The majority of shareholders being non-institutional may also indicate a lack of confidence in the stock's future performance, further contributing to its current decline.