Why is Fruition Venture falling/rising?

As of 24-Jun, Fruition Venture Ltd's stock price is currently at Rs 31.05, reflecting a decrease of Rs 1.6 or 4.9%. The stock has been underperforming significantly, having fallen consecutively for the last two days, resulting in a total decline of 9.53% during this period. In terms of returns, the stock has shown a negative performance of 5.02% over the past week and a substantial decline of 49.72% over the past year, while the broader market has generated positive returns. The stock is trading below all its moving averages, indicating a bearish trend, and there has been a notable drop in investor participation, with delivery volume plummeting by 96.77% compared to the five-day average. Additionally, the company faces weak long-term fundamental strength, with a low Return on Capital Employed (ROCE) of 5.20% and a concerning EBIT to Interest ratio of 0.12, which further contributes to the stock's downward pressure.
In the broader market context, Fruition Venture's recent performance starkly contrasts with the benchmark, as the Sensex has gained 0.58% over the past week and 5.01% year-to-date. This underperformance is indicative of the company's struggles, particularly given that it has not only lagged behind the market but has also shown a significant decline in profitability despite a rise in profits over the past year. The stock's risk profile is heightened due to negative operating profits and poor long-term growth metrics, which have led to a perception of it being a strong sell. Overall, the combination of weak fundamentals, declining investor interest, and a stark contrast to market performance has resulted in the stock's continued decline.