Why is Focus Lighting falling/rising?

As of 22-Sep, Focus Lighting & Fixtures Ltd is experiencing a slight decline in its stock price, currently at 94.39, reflecting a decrease of 0.11 or 0.12%. The stock has underperformed in the short term, with a 1-week return of -0.95% and a 1-month return of -1.44%. Despite a recent increase in investor participation, as indicated by a 74.6% rise in delivery volume, the stock is trading below its moving averages across various time frames. The company has reported negative results for the last four consecutive quarters, with a significant drop in net sales and a poor operating profit growth rate of only 3.85% over the past five years. Additionally, the stock's valuation appears expensive relative to its return on equity and price-to-book value, which may deter potential investors.
In the broader market context, while the Sensex has shown a positive return of 0.53% over the past week, Focus Lighting's performance has been notably weaker, indicating a lack of investor confidence compared to the market. The stock's year-to-date return of -25.16% starkly contrasts with the Sensex's gain of 6.59%, further highlighting its underperformance. The absence of domestic mutual fund investment, which typically reflects a lack of confidence in the company's prospects, adds to the negative sentiment surrounding the stock. Overall, the combination of poor financial results, high valuation concerns, and underperformance against the benchmark contributes to the ongoing decline in Focus Lighting's stock price.