Why is Fruition Venture falling/rising?

As of 02-Jul, Fruition Venture Ltd's stock price is currently at Rs 31.25, reflecting a decrease of Rs 1.25 or 3.85%. The stock has underperformed today, with a performance that is 4.62% lower than its sector. It reached an intraday low of Rs 31.25 and is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 96.7% compared to the 5-day average. Over the past year, the stock has seen a staggering decline of 49.39%, while its long-term fundamentals are weak, indicated by a low Return on Capital Employed (ROCE) of 5.20% and a poor EBIT to Interest ratio of 0.12.
In the broader market context, the Sensex has shown a positive return of 6.75% year-to-date, contrasting sharply with Fruition Venture's year-to-date decline of 34.62%. This stark difference highlights the stock's significant underperformance relative to the market. While the stock has experienced a remarkable increase of 220.51% over the past three years, its recent performance has been overshadowed by negative operating profits and flat results, leading to a perception of risk among investors. Overall, the combination of weak fundamentals, poor recent performance, and declining investor interest has contributed to the stock's downward trajectory.