Why is Befound Movement falling/rising?

As of 01-Jul, Befound Movement Limited's stock price is currently at 2.96, reflecting a decrease of 0.06, or 1.99%. The stock has been on a downward trend, having underperformed its sector by 1.85% today and experiencing a consecutive fall for the last 13 days, resulting in a significant decline of 20.64% during this period. Additionally, the stock has shown poor performance over various time frames, with a 1-month return of -23.71% and a year-to-date return of -26.37%. Despite some positive quarterly results reported on March 25, including the highest PBDIT and PAT, the company is facing challenges due to a negative book value and weak long-term growth, which have contributed to its recent price decline.
In the broader market context, the stock's performance has been notably weaker compared to the Sensex, which has gained 2.76% over the past month and 7.11% year-to-date. This stark contrast highlights the stock's struggle, as it has underperformed the benchmark significantly over the past year, with a return of -24.30% compared to the Sensex's 5.31%. The stock's liquidity appears adequate, with a notable increase in delivery volume, but the overall sentiment remains negative due to its weak fundamentals and historical performance, reinforcing the perception of it being a strong sell.