Why is Crystal Business falling/rising?

As of 31-Jul, Crystal Business System Ltd is currently priced at Rs. 2.45, showing no change (0.00%). The stock has recently hit a new 52-week low of Rs. 2.44, indicating a downward trend. Over the past week, the stock has declined by 5.04%, and it has experienced a significant drop of 35.53% over the past year, underperforming against the benchmark. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish sentiment among investors. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 23.99% compared to the 5-day average. While the company has an attractive valuation with a Price to Book Value of 1.6 and a PEG ratio of 0.2, its operating losses and weak long-term fundamentals, including a poor EBIT to Interest ratio of -0.12, contribute to the stock's negative performance.
In the broader market context, the stock's short-term performance has been significantly worse than the benchmark, with the Sensex only declining by 1.22% over the same week. This consistent underperformance against the benchmark over the last three years, coupled with a 51% increase in profits despite a 35.53% drop in stock value, indicates a disconnect between the company's financial health and market perception. The majority of shareholders being non-institutional further suggests a lack of confidence in the stock's recovery potential, reinforcing the bearish outlook. Overall, the combination of weak financial metrics, declining investor interest, and poor relative performance against the market contributes to the stock's downward trajectory.