Why is Fedders Holding falling/rising?

As of 08-Jul, Fedders Holding Ltd is experiencing a decline in its stock price, currently at Rs 45.27, reflecting a decrease of Rs 1.32 or 2.83%. The stock has underperformed its sector by 2.78% today and has seen a consecutive fall over the last two days, resulting in a total decline of 6.22%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past year, Fedders Holding has generated a staggering return of -49.87%, while its profits have decreased by 58.9%. The company's weak long-term fundamentals, highlighted by a low Return on Equity (ROE) of 6 and negative results for the last three consecutive quarters, further contribute to the stock's downward movement.
In the broader market context, Fedders Holding's performance has significantly lagged behind the benchmark, with a 1-year return of -49.87% compared to the BSE500's positive return of 1.98%. This stark contrast suggests a lack of investor confidence, as evidenced by the minimal participation from domestic mutual funds, which hold 0% of the company. The stock's liquidity is also a concern, with a recent decline in delivery volume, indicating reduced trading interest. Overall, the combination of poor financial performance, negative investor sentiment, and underperformance relative to the market has led to the stock's current decline.