Why is Devine Impex falling/rising?

As of 01-October, Devine Impex Ltd's stock price is currently at Rs 7.52, reflecting a decline of Rs 0.38 or 4.81%. The stock has underperformed significantly, with a one-week return of -4.33% and a one-month return of -18.70%. Today's performance indicates that it is trading lower than its moving averages across all time frames, and it is close to its 52-week low, just 0.4% away from Rs 7.49. The company is facing operational challenges, evidenced by its weak financial metrics, including an operating loss and a very low return on equity of 0.23%. Additionally, the stock is considered expensive relative to its peers, trading at a premium despite a significant drop in profits over the past year.
In the broader market context, while the Sensex has shown a slight decline of 0.90% over the past week, Devine Impex's performance has been notably worse, indicating a lack of investor confidence. The stock's year-to-date return of -24.80% starkly contrasts with the Sensex's positive return of 3.64%, highlighting its underperformance in the market. Although there has been a rise in investor participation, as shown by a 77.75% increase in delivery volume, the overall sentiment remains negative due to the company's weak fundamentals and inability to generate sustainable profits.