Why is Focus Lighting falling/rising?

As of 17-Jul, Focus Lighting & Fixtures Ltd is experiencing a decline in its stock price, currently at 102.89, reflecting a decrease of 0.71 or 0.69%. The stock has underperformed its sector by 0.9% today and is trading higher than its 100-day moving average but lower than its 5-day, 20-day, 50-day, and 200-day moving averages. Over the past week, the stock has seen a return of -3.05%, while its performance over the last month has been significantly worse at -15.53%. The company has reported negative results for the last three consecutive quarters, with a substantial drop in profits, including a -94.21% decline in PAT over the latest six months. Despite a healthy long-term growth rate in operating profit, the stock's valuation appears expensive with a Price to Book Value of 4.9, and it has generated a return of -28.13% over the past year, indicating a troubling trend.
In the broader market context, the stock's performance has been notably poor compared to the benchmark, with the Sensex showing a positive return of 1.04% over the last month and 6.20% year-to-date. This stark contrast highlights the stock's struggle, especially as it has underperformed the market significantly over the past year. Additionally, the lack of investment from domestic mutual funds, which hold 0% of the company, suggests a lack of confidence in the stock's current valuation or business prospects. Overall, while there are some positive indicators regarding long-term growth, the recent financial results and market performance have contributed to the stock's downward trajectory.