Why is Bartronics India falling/rising?

As of 07-Jul, Bartronics India Ltd is experiencing a decline in its stock price, currently at Rs 13.26, which reflects a decrease of Rs 0.24 or 1.78%. The stock has hit a new 52-week low today and has underperformed its sector by 2.23%. Over the past week, the stock has decreased by 1.85%, and its performance over the last month shows a significant drop of 6.36%. The company is trading below all its moving averages, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 42.39% compared to the 5-day average. The company's financial health is concerning, as it has reported operating losses, a negative EBIT to interest ratio, and a low return on equity, all contributing to a weak long-term fundamental strength.
In the broader market context, Bartronics India has significantly underperformed compared to the benchmark, with a year-to-date return of -26.82% against the Sensex's gain of 6.79%. The stock's negative performance over the past year, which shows a decline of 39.73%, starkly contrasts with the market's positive return of 4.31%. This underperformance is compounded by a reduction in promoter confidence, as they have decreased their stake in the company by 6.29%, signaling a lack of faith in the company's future prospects. Overall, the combination of poor financial results, declining investor interest, and negative market sentiment has led to the stock's current downward trajectory.