Why is Banas Finance falling/rising?

As of 16-Jul, Banas Finance Ltd's stock price is currently at 9.17, reflecting an increase of 0.05 or 0.55%. Today's price summary indicates that the stock has outperformed its sector by 0.78%, although it is trading higher than the 20-day, 50-day, and 100-day moving averages but lower than the 5-day and 200-day moving averages. Despite this slight uptick, the stock has shown a negative trend over the past week with a decline of 1.82%, and it has underperformed the benchmark Sensex, which fell by only 1.08%. The company is facing significant challenges, including operating losses and a weak long-term fundamental strength, with net sales and profit after tax both declining by 21.70%. Additionally, the stock has seen a drastic drop in investor participation, with delivery volume falling by 72.64% compared to the 5-day average.
In the broader market context, while Banas Finance has managed a positive return of 10.22% over the past month, it has still underperformed the Sensex, which gained 1.02% in the same period. The stock's long-term performance is concerning, with a year-to-date decline of 8.67% compared to the Sensex's increase of 5.75%. Over the last three years, Banas Finance has consistently underperformed against the benchmark, generating a return of -60.78% compared to the Sensex's 53.71% gain. This consistent underperformance, coupled with the company's negative EBITDA and significant losses, contributes to a perception of risk among investors, which may hinder any substantial recovery in the stock price.