Why is Dharan Infra-EPC falling/rising?

As of 14-Jul, Dharan Infra-EPC Ltd's stock price is currently at 0.44, reflecting a decrease of 0.01 or 2.22%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 4.35% over the past week. Additionally, the stock's performance has been poor over longer periods, with a year-to-date decline of 49.13% and a staggering 73.57% drop over the past three years. The company is facing significant challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a net sales decline of 57.98% and a negative EBITDA. The majority of shareholders are non-institutional, which may contribute to the stock's volatility and lack of confidence among investors.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 5.27% year-to-date. While the Sensex has shown resilience, Dharan Infra-EPC's stock has consistently underperformed, with a one-month return of -2.22% compared to the Sensex's positive return of 1.40%. The stock's liquidity appears sufficient for trading, but a notable decline in delivery volume by 21.86% against the five-day average indicates falling investor participation, further exacerbating the stock's downward trend. Overall, the combination of poor financial performance, weak market sentiment, and declining investor interest contributes to the stock's current downward trajectory.