Why is Focus Lighting falling/rising?

As of 18-Sep, Focus Lighting & Fixtures Ltd is experiencing a decline in its stock price, currently at 92.81, reflecting a decrease of 2.58 or 2.7%. The stock has underperformed its sector by 3.09% today and is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has fallen by 4.05%, and its year-to-date performance shows a significant decline of 26.41%. The company has reported very negative results, including a 24.57% drop in net sales and a substantial decrease in profits over the last six months, contributing to a poor long-term growth outlook. Despite a low debt-to-equity ratio, the stock's valuation appears expensive relative to its earnings, and the lack of domestic mutual fund investment suggests a lack of confidence in the company's prospects.
In the broader market context, the Sensex has shown a positive return of 1.67% over the past week, contrasting sharply with Focus Lighting's decline. The stock's performance over the past year has been particularly poor, with a return of -27.94%, significantly underperforming the broader market, which has only declined by 1.96%. This stark difference highlights the challenges the company faces in regaining investor confidence and suggests that the negative sentiment surrounding its financial performance is contributing to its ongoing stock price decline.