Why is Fedders Holding falling/rising?

As of 11-Jul, Fedders Holding Ltd is experiencing a decline in its stock price, currently at Rs 44.20, which reflects a decrease of Rs 1.5 or 3.28%. The stock has underperformed its sector by 2.36% today and has been on a downward trend for the last two days, accumulating a total loss of 3.58%. It reached an intraday low of Rs 43, indicating a significant drop of 5.91%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, Fedders Holding has generated a return of -52.73%, while its profits have decreased by 58.9%. The company's weak long-term fundamental strength, reflected in an average Return on Equity (ROE) of 7.56%, and negative results for the last three consecutive quarters further contribute to the stock's poor performance.
In the broader market context, Fedders Holding's short-term performance has been notably worse than the benchmark, with a 1-week return of -8.43% compared to the Sensex's -1.12%. This stark contrast highlights the stock's struggle amidst a relatively stable market. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's valuation and business prospects. Overall, the combination of declining investor participation, poor financial results, and significant underperformance relative to the market indicates that Fedders Holding is facing considerable challenges, leading to its current price decline.