Why is Everlon Fin. falling/rising?

As of 27-Jun, Everlon Financials Ltd is experiencing a decline in its stock price, currently at Rs 132.00, which reflects a decrease of Rs 6.65 or 4.8%. The stock has underperformed its sector by 5.53% today, opening with a loss of 2.63% and reaching an intraday low of Rs 131.8. Over the past week, the stock has decreased by 7.60%, and it has shown a significant decline of 34.78% over the past year, while its profits have fallen by 85.1%. The company's operating losses and weak long-term fundamental strength are concerning, with a PAT of Rs -5.68 crore and a low return on capital employed (ROCE) of 13.54%. Additionally, the stock is trading at a premium compared to its peers, which further exacerbates its valuation issues.
In the broader market context, the stock's performance contrasts sharply with the benchmark Sensex, which has gained 2.00% over the past week and 7.58% year-to-date. While the market has generated positive returns, Everlon Financials has consistently underperformed, indicating a lack of investor confidence. The falling investor participation, with a delivery volume drop of 94.55% against the 5-day average, suggests that traders are hesitant to invest in the stock, further contributing to its decline. Overall, the combination of poor financial performance, high valuation relative to peers, and negative market sentiment has led to the stock's downward movement.