Why is Bartronics India falling/rising?

As of 11-Aug, Bartronics India Ltd is experiencing a decline in its stock price, currently at Rs 12.27, reflecting a decrease of -0.26 or -2.08%. The stock has underperformed significantly, with a 1-week return of -5.69% and a 1-month return of -11.28%. It is also trading close to its 52-week low, just 2.2% away, and has seen a consecutive fall over the last two days, totaling a decline of -3.76%. The company's financial health is concerning, as it has reported operating losses and negative results for the last three consecutive quarters, with a significant drop in net sales and profitability, indicated by a low return on equity of 1.96%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by -52.9% compared to the 5-day average, and institutional investors reducing their stake by -2.62%.
In the broader market context, Bartronics India has underperformed the benchmark, with a 1-year return of -31.68% compared to the Sensex's -1.85%. This stark contrast highlights the company's struggles relative to the overall market performance. The stock's liquidity remains adequate for trading, but the negative sentiment surrounding its financial fundamentals and the recent decline in institutional interest suggest a challenging environment for recovery. Overall, the combination of weak financial results, falling investor participation, and significant underperformance against the benchmark contributes to the ongoing decline in Bartronics India's stock price.