Why is Josts Engg. Co. falling/rising?

As of 18-Aug, Josts Engineering Company Ltd is experiencing a decline in its stock price, currently at 394.30, which reflects a decrease of 47.5 points or 10.75%. The stock has underperformed significantly today, opening with a loss of 13.99% and reaching an intraday low of Rs 380. Over the past week, the stock has dropped by 7.86%, and its performance over the past month shows a decline of 21.30%. Despite a high management efficiency indicated by a return on equity (ROE) of 18.43% and a low debt to EBITDA ratio of 0.50, the company has faced negative results, including a fall in net sales by 18.04% and a substantial drop in profit after tax (PAT) by 92.9%. These factors, combined with a history of seven consecutive quarters of negative results, have contributed to the stock's recent downward movement.
In the broader market context, Josts Engineering Company Ltd has underperformed compared to the benchmark, with a one-year return of -19.32% against the BSE500's decline of only -1.14%. This stark contrast highlights the company's struggles relative to the market. The stock's recent performance has also been affected by its trading below all key moving averages, indicating a bearish trend. Although there has been an increase in investor participation, as evidenced by a 69.4% rise in delivery volume, the overall sentiment remains negative due to the company's financial difficulties and poor sales performance.