Why is Banas Finance falling/rising?

As of 18-Jul, Banas Finance Ltd's stock price is currently at 9.17, reflecting a decrease of 0.03, or 0.33%. The stock has experienced a trend reversal, falling after two consecutive days of gains. In terms of performance, the stock has shown a decline of 0.43% over the past week, while it has increased by 7.88% over the past month. However, the stock's year-to-date performance is down by 8.67%, and it has consistently underperformed against the benchmark over the last three years. The company is facing significant challenges, including operating losses and negative EBITDA, which contribute to its weak long-term fundamental strength. Additionally, net sales and profit after tax have both declined by 21.70% in the latest six months, indicating ongoing financial difficulties.
In the broader market context, the Sensex has decreased by 0.90% over the past week, suggesting that the stock's short-term decline is somewhat in line with market trends. Despite the stock's recent drop, it has shown a rising investor participation with a significant increase in delivery volume, indicating some level of interest from traders. However, the stock's liquidity remains adequate for trading, yet the overall negative performance and the company's financial struggles overshadow these positive indicators. The consistent underperformance against the benchmark and the substantial decline in profits further highlight the challenges facing Banas Finance Ltd, reinforcing the perception of it being a strong sell.