Why is Bartronics India falling/rising?

As of 25-Aug, Bartronics India Ltd is experiencing a decline in its stock price, currently at Rs. 12.11, reflecting a decrease of -0.44 or -3.51%. The stock has hit a new 52-week low of Rs. 11.96 today and has underperformed its sector by -3.52%. Over the last three days, the stock has consistently fallen, totaling a -6.2% return during this period. Additionally, Bartronics India is trading below its moving averages across various timeframes, indicating a bearish trend. The company's financial health is concerning, with operating losses and a negative EBIT to Interest ratio of -0.45, alongside a significant drop in profitability, as evidenced by a -31.72% decline in PAT over the last six months and a -75.5% fall in profits over the past year.
In the broader market context, Bartronics India has underperformed significantly compared to the benchmark, with a one-year return of -31.62% against the BSE500's decline of only -2.11%. This stark contrast highlights the company's struggles, particularly as institutional investors have reduced their stakes by -2.62%, reflecting a lack of confidence in its long-term prospects. The stock's liquidity is also a concern, with a notable drop in delivery volume, suggesting waning investor interest. Overall, the combination of poor financial results, declining investor participation, and consistent underperformance relative to the market contributes to the stock's downward trajectory.