Why is Heranba Inds falling/rising?

As of 11-Jun, Heranba Industries Ltd is experiencing a decline in its stock price, currently at 273.75, which reflects a decrease of 5.55 or 1.99%. The stock has been underperforming, having lost 8.75% over the last six days, and it is currently trading lower than its 5-day, 20-day, 100-day, and 200-day moving averages. Despite a significant increase in delivery volume, which rose by 98.31% against the 5-day average, the stock's overall performance has been disappointing, with a return of -16.57% over the past year and a staggering -51.66% over the last three years. The company's operating losses and a return on equity of just 2.25% indicate weak profitability, contributing to the negative sentiment surrounding the stock.
In the broader market context, the stock's short-term performance has been notably poor compared to the benchmark, with a 1-week return of -8.15% against the Sensex's gain of 1.87%. This consistent underperformance, along with the company's negative financial results, including a 361.75% fall in profit before tax and consecutive quarters of losses, has led to a lack of confidence among investors. The absence of domestic mutual fund investment further underscores the market's cautious stance on Heranba Industries Ltd, suggesting that institutional investors may not find the current price attractive given the company's weak long-term fundamentals.