Why is Focus Lighting falling/rising?

As of 23-Sep, Focus Lighting & Fixtures Ltd is experiencing a decline in its stock price, currently at 93.94, reflecting a decrease of 0.45 or 0.48%. The stock has underperformed significantly over various time frames, with a year-to-date decline of 25.52% and a one-year drop of 27.06%. Today's performance indicates that the stock has outperformed its sector by 0.27%, but it is trading below all key moving averages, suggesting a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 44.27% compared to the five-day average. The company has reported negative financial results over the last four consecutive quarters, including a substantial drop in net sales by 24.57% and a significant decline in profit after tax by 83.13%, contributing to a perception of poor long-term growth.
In the broader market context, the stock's performance has been considerably worse than the benchmark, with the Sensex showing a slight decline of only 0.28% over the past week, while Focus Lighting's stock has fallen by 2.60%. This stark contrast highlights the company's struggles relative to the market. Furthermore, the lack of investment from domestic mutual funds, which hold 0% of the company, may indicate a lack of confidence in its future prospects. Despite a low debt-to-equity ratio, the company's expensive valuation and declining profitability have led to a negative sentiment among investors, reinforcing the stock's downward trajectory.