Why is Bartronics India falling/rising?

As of 22-Aug, Bartronics India Ltd's stock price is currently at Rs 12.55, reflecting a decrease of Rs 0.15 or 1.18%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.79%. It is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock is close to its 52-week low, being only 4.38% away from that point. Additionally, the company has reported negative results for the last three consecutive quarters, with a significant increase in raw material costs and a weak ability to service its debt, which has contributed to its poor performance. The stock's year-to-date return stands at -30.74%, significantly worse than the benchmark's positive return of 4.05%.
In the broader market context, Bartronics India has underperformed the market, with a one-year return of -25.74% compared to the BSE500's decline of only -2.49%. This stark contrast indicates that while the overall market has faced challenges, Bartronics India has struggled even more significantly. Furthermore, the decline in institutional investor participation, which has decreased by 2.62% over the previous quarter, suggests a lack of confidence in the company's fundamentals, further exacerbating the stock's downward trend. Overall, the combination of weak financial performance, falling investor interest, and poor relative returns to the benchmark has led to the stock's current decline.