Why is Inani Securities falling/rising?

As of 03-Jul, Inani Securities Ltd is currently priced at 26.94, reflecting a slight decrease of -0.01 or -0.04%. The stock has been on a downward trend, having lost value for the last six consecutive days, resulting in a significant decline of -23.01% during this period. Additionally, the stock has underperformed compared to the broader market, with a one-year return of -17.72% against a positive return of 4.07% for the Sensex. The company's financial health is concerning, as it has reported operating losses and a significant drop in profits by -51.2%, alongside a negative annual growth rate in net sales of -3.36%. Furthermore, the stock is trading at a premium compared to its peers, which may deter potential investors.
In the broader market context, Inani Securities has notably underperformed against the benchmark, with a one-week return of -12.28% compared to the Sensex's -0.62%. This stark contrast highlights the stock's struggles in a generally improving market. The falling investor participation, indicated by an 80.86% drop in delivery volume, further exacerbates the stock's decline, suggesting a lack of confidence among investors. Overall, the combination of weak fundamentals, poor recent performance, and unfavorable market conditions has contributed to the stock's downward trajectory.