Why is Dharan Infra-EPC falling/rising?

As of 18-Jul, Dharan Infra-EPC Ltd is experiencing a decline in its stock price, currently at 0.44, which reflects a decrease of 0.01 or 2.22%. The stock has underperformed its sector by 1.66% today, with moving averages indicating that it is higher than the 50-day average but lower than the 5-day, 20-day, 100-day, and 200-day averages. Additionally, the stock has shown significant underperformance over various periods, with a year-to-date decline of 49.13% and a staggering 71.79% drop over the past three years. The company's financial health is concerning, as it has reported operating losses and a weak ability to service its debt, with net sales and profit after tax both declining sharply.
In the broader market context, the Sensex has only declined by 0.90% over the past week, indicating that the stock's short-term performance is significantly worse than the benchmark. This stark contrast highlights the company's struggles, particularly given its negative EBITDA and poor long-term growth metrics, such as a -43.85% annual rate of net sales growth over the last five years. The majority of shareholders being non-institutional further complicates the stock's stability, as it may indicate a lack of confidence from institutional investors. Overall, the combination of weak financial fundamentals and poor market performance contributes to the stock's downward trajectory.