Why is Focus Lighting falling/rising?

As of 14-Aug, Focus Lighting & Fixtures Ltd is currently priced at 97.26, reflecting a slight increase of 0.23 (0.24%). Despite this uptick, the stock has been underperforming in the short term, with a 1-week return of -3.44% and a 1-month return of -6.40%. The stock is trading below its moving averages across various time frames, indicating a bearish trend. While it has outperformed its sector by 1.86% today, the company has faced significant challenges, including a decline in net sales of -24.57% and negative results for the last four consecutive quarters. The low debt-to-equity ratio of 0.05 times suggests some financial stability, but the overall operating profit growth has been poor at an annual rate of 3.85% over the last five years, contributing to a negative sentiment around the stock.
In the broader market context, the Sensex has shown a slight positive return of +0.14% over the past week, contrasting with Focus Lighting's decline. The stock's year-to-date performance is notably poor at -22.88%, while the Sensex has gained +4.17% in the same period. Although the stock generated an 18.55% return over the past year, this is overshadowed by a significant profit decline of -78.9%, leading to concerns about its valuation, which is deemed expensive with a price-to-book value of 4.7. Furthermore, the absence of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the stock's future prospects, further contributing to its downward pressure.