Why is Josts Engg. Co. falling/rising?

As of 05-Sep, Josts Engineering Company Ltd is experiencing a decline in its stock price, currently at Rs. 302.15, which reflects a decrease of Rs. 9.15 or 2.94%. The stock has hit a new 52-week low of Rs. 299.8 today and has underperformed its sector by 2.53%. Over the past three days, the stock has consecutively fallen, resulting in a total decline of 11.13%. Additionally, it is trading below all key moving averages, indicating a bearish trend. Despite some positive factors such as high management efficiency and a strong ability to service debt, the company has reported very negative results, including a significant drop in net sales and profits, which have contributed to the stock's poor performance.
In the broader market context, Josts Engineering Company Ltd has underperformed compared to the Sensex, which has gained 1.13% over the past week while the stock has dropped by 2.85%. Over the last year, the stock's return of -48.69% starkly contrasts with the market's decline of only -1.81%. This significant underperformance highlights investor concerns regarding the company's financial health, particularly following seven consecutive quarters of negative results. Although there has been an increase in investor participation, the overall sentiment remains negative, leading to the stock's continued decline.