Why is Bartronics India falling/rising?

As of 02-Sep, Bartronics India Ltd is currently priced at Rs. 12.10, reflecting an increase of Rs. 0.06 or 0.5%. Despite this slight uptick, the stock has been underperforming in the longer term, with a year-to-date decline of 33.22% compared to a 2.58% gain in the benchmark index. The stock hit a new 52-week low of Rs. 11.77 today and is trading below all its moving averages, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 239.47% against the 5-day average. The company has faced significant challenges, including negative operating results for the last three consecutive quarters, a weak ability to service debt, and a declining return on equity, all contributing to its classification as a strong sell.
In the broader market context, Bartronics India has underperformed significantly compared to the benchmark, with a 1-year return of -29.24% against the BSE500's -4.82%. This stark contrast highlights the company's struggles relative to the market. Additionally, the decrease in institutional investor participation, which has fallen by 2.62% in the last quarter, suggests a lack of confidence from more knowledgeable investors. Overall, while there has been a minor price increase today, the underlying fundamentals and broader market performance indicate that Bartronics India is facing considerable headwinds that could continue to pressure its stock price.