Why is Pakka falling/rising?

As of 03-Sep, Pakka Ltd's stock price is currently at 150.50, reflecting a decrease of 0.75, or 0.5%. The stock has underperformed its sector today by 0.35% and is trading lower than all its moving averages, indicating a bearish trend. Over the past week, the stock has declined by 3.80%, and it has seen a significant drop of 23.51% over the last month. Additionally, the stock is close to its 52-week low, being only 3.99% away from the low of Rs 144.5. The company has reported negative results for the last two consecutive quarters, with a substantial decline in net sales and operating profit, contributing to a year-to-date return of -51.76%. Despite having a high return on capital employed (ROCE) and a low debt-to-EBITDA ratio, the overall performance has been poor, leading to a strong sell sentiment.
In the broader market context, Pakka Ltd's performance contrasts sharply with the Sensex, which has gained 3.11% year-to-date. The stock's significant underperformance is evident as it has generated a return of -53.11% over the past year, while the benchmark has only declined by 2.41%. This disparity highlights the challenges faced by Pakka Ltd, including a long-term growth decline and negative quarterly results, which have resulted in falling investor participation and liquidity issues. The stock's lack of momentum and negative sentiment in the market further exacerbate its struggles, making it difficult for it to recover in the current environment.