Why is Harshil Agrotech falling/rising?

As of 25-Jul, Harshil Agrotech Ltd's stock price is currently at Rs 1.32, reflecting a decrease of Rs 0.02 or 1.49%. The stock has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 4.35% during this period. It is also trading below its moving averages across various time frames, indicating a bearish sentiment. Despite some positive indicators such as high management efficiency, a low debt-to-equity ratio, and significant growth in net sales and profits over the last six months, the stock has underperformed significantly over the past year, with a staggering return of -95.23%. This poor performance, coupled with a notable drop in investor participation, as evidenced by a 47.7% decrease in delivery volume, suggests a lack of confidence among investors.
In the broader market context, Harshil Agrotech's short-term performance has been worse than the benchmark, with a 1-week return of -1.49% compared to the Sensex's decline of only -0.36%. This underperformance is consistent with its longer-term trends, where it has lagged behind the BSE500 over various periods. The stock's liquidity remains adequate for trading, but the overall sentiment is negative due to its substantial losses and declining investor interest, overshadowing its positive financial metrics and growth potential.