Why is Pakka falling/rising?

As of 28-Aug, Pakka Ltd's stock price is currently at Rs. 148.30, reflecting a decline of Rs. 8.15 or 5.21%. The stock has recently hit a new 52-week low of Rs. 147.55 and has underperformed its sector by 4.15%. Over the past week, the stock has fallen by 8.46%, and its performance over the last month shows a significant decline of 23.16%. The stock has been on a downward trend, losing 9.38% in the last two days alone. Additionally, the company's financial performance has been concerning, with a reported drop in net sales and operating profit over the past five years, contributing to a year-to-date return of -52.47%. Despite some positive factors like high management efficiency and a strong ability to service debt, the overall negative results from the last two quarters have heavily impacted investor sentiment.
In the broader market context, Pakka Ltd's performance has been notably weaker compared to the Sensex, which has gained 2.48% year-to-date. The stock's short-term return of -8.46% over the past week contrasts sharply with the Sensex's decline of only 2.34% during the same period. This underperformance is indicative of broader issues within the company, including a significant fall in profits and negative sales growth, which have led to a lack of investor confidence. The stock's liquidity remains adequate for trading, but the falling investor participation suggests a growing reluctance to invest in Pakka Ltd amidst its ongoing struggles.