Why is Enbee Trade falling/rising?

As of 17-Jul, Enbee Trade & Finance Ltd's stock price is currently at Rs. 0.45, reflecting a decline of Rs. 0.02 or 4.26%. The stock has hit a new 52-week low today and has been on a downward trend, losing value for the last six consecutive days, amounting to a total decline of 21.05% during this period. Additionally, the stock has significantly underperformed against its sector by 3.93%. Over the past week, the stock has dropped 18.18%, and its year-to-date performance shows a staggering decline of 70.16%. Despite the company reporting positive financial results, including a 132.64% growth in operating profit and a 100.18% increase in net sales over the last six months, the stock's weak long-term fundamental strength, indicated by an average return on equity of 7.73%, raises concerns among investors.
In the broader market context, the Sensex has only declined by 1.12% over the past week, highlighting the stark contrast between the stock's performance and that of the benchmark index. While the stock's recent financial results suggest potential for growth, the significant drop in investor participation, as evidenced by a 28.6% decrease in delivery volume, and the stock trading below all major moving averages indicate a lack of confidence among investors. The majority of shareholders being non-institutional further suggests that the stock may be facing challenges in attracting institutional investment, contributing to its continued decline in value.