Why is Epuja Spiritech falling/rising?

As of 07-Jul, Epuja Spiritech Ltd is experiencing a decline in its stock price, currently at 3.14, reflecting a decrease of 0.03 or 0.95%. The stock has been underperforming significantly, having fallen for the last nine consecutive days, resulting in a total decline of 9.77% during this period. It is trading below all key moving averages, indicating a bearish trend. Additionally, the stock has shown poor performance over various time frames, with a one-year return of -39.26% compared to a positive return of 4.31% for the Sensex. Despite some positive financial results, such as a 438.5% growth in PAT for the quarter ending March 25, the overall weak long-term fundamentals, including a low return on equity (ROE) of 2.32% and a declining operating profit, contribute to the stock's negative momentum.
In the broader market context, Epuja Spiritech's short-term performance has been notably worse than the benchmark, with a one-week return of -6.55% compared to the Sensex's slight decline of -0.20%. This underperformance is compounded by a significant drop in investor participation, with delivery volume decreasing by 39.23% against the five-day average, suggesting a lack of confidence among investors. The stock's liquidity is also limited, which may further hinder its recovery. Overall, while there are some positive indicators regarding profitability, the prevailing negative sentiment and weak long-term growth prospects overshadow these factors, leading to a continued decline in the stock price.