Why is Inditrade Cap. falling/rising?

As of 10-Jul, Inditrade Capital Ltd's stock price is currently at 6.54, reflecting a decrease of 0.04, or 0.61%. The stock has underperformed its sector by 0.74% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 3.82%, and it has seen a significant drop of 63.77% over the past year. Despite a rise in investor participation, with delivery volume increasing by 144.67% against the 5-day average, the company has reported negative financial results, including a 68.76% fall in net sales and a 1363.95% decline in profit before tax. Additionally, the promoters have reduced their stake by 24.68%, indicating a lack of confidence in the company's future.
In the broader market context, the Sensex has shown a slight decline of 0.06% over the past week, contrasting with Inditrade Capital's more substantial drop. The company's long-term fundamentals are weak, with a negative return on equity of -5.7 and a significant decline in both net sales and operating profit. The stock has consistently underperformed against the benchmark over the last three years, further contributing to its negative sentiment among investors. Overall, the combination of poor financial performance, reduced promoter confidence, and consistent underperformance against market benchmarks is driving the stock's decline.