Why is Fedders Holding falling/rising?

As of 13-Aug, Fedders Holding Ltd's stock price is currently at Rs 43.36, reflecting a decline of Rs 1.89 or 4.18%. The stock has been underperforming, having fallen consecutively for the last two days, with a total drop of 5.22% during this period. It has also underperformed its sector by 5.09% today. The stock is trading below all its moving averages, indicating a bearish trend. Over the past year, Fedders Holding has seen a significant decline of 53.01%, 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 short-term performance has been notably worse than the benchmark, with a 1-week return of -2.06% compared to the Sensex's negligible change of -0.01%. This stark contrast indicates that the stock is not only struggling relative to its peers but also failing to keep pace with the overall market. Additionally, the lack of investment from domestic mutual funds, which hold 0% of the company, suggests a lack of confidence in its valuation and business prospects, further exacerbating the stock's decline.