Why is Bartronics India falling/rising?

As of 28-Aug, Bartronics India Ltd is experiencing a slight decline in its stock price, currently at Rs. 12.20, reflecting a decrease of -0.01 (-0.08%). The stock has hit a new 52-week low of Rs. 11.9 today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has fallen by 3.94%, and in the last month, it has decreased by 10.29%. The company's performance has been poor, with negative results reported for the last three consecutive quarters, including a significant drop in net sales and operating losses. Additionally, the company's ability to service its debt is weak, and institutional investor participation has decreased, indicating a lack of confidence in the stock.
In the broader market context, Bartronics India has underperformed significantly compared to the benchmark, with a one-year return of -31.07% against the BSE500's decline of only -5.01%. This stark contrast highlights the company's struggles relative to the market. The falling participation from institutional investors, who have reduced their stake by 2.62%, further suggests that more knowledgeable investors are losing faith in the company's prospects. Overall, the combination of weak financial performance, declining investor interest, and poor relative returns has contributed to the stock's downward movement.