Why is Inditrade Cap. falling/rising?

As of 09-Jul, Inditrade Capital Ltd's stock price is currently at 6.58, reflecting a slight increase of 0.01 (0.15%). The stock has shown a trend reversal, gaining after three consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Despite a recent rise in delivery volume by 30.98% against the 5-day average, the stock has significantly underperformed, with a year-to-date decline of 38.79% and a staggering 65.06% drop over the past year. The company's weak fundamentals, including a negative return on equity of -5.7 and a significant fall in net sales, contribute to its poor performance. Additionally, the reduction in promoter stake by 24.68% signals a lack of confidence in the company's future prospects.
In the broader market context, Inditrade Capital Ltd's recent performance contrasts sharply with the benchmark Sensex, which has gained 0.15% over the past week. The stock's performance has been consistently below the benchmark, with a 1-month return of -18.36% compared to the Sensex's 1.32% gain. This underperformance highlights the challenges faced by Inditrade Capital Ltd, particularly in light of its negative financial results and declining sales figures. The overall market sentiment appears to favor other investments, further exacerbating the stock's struggles in attracting investor confidence.