Why is Polo Queen Ind. falling/rising?

As of 23-Sep, Polo Queen Industrial and Fintech Ltd is experiencing a decline in its stock price, currently at 46.43, which reflects a decrease of 0.3 or 0.64%. The stock has been underperforming recently, with a consecutive fall over the last three days resulting in a total decline of 6.77%. Despite outperforming its sector by 1.16% today, it is trading below all moving averages (5-day, 20-day, 50-day, 100-day, and 200-day). The stock has shown a mixed performance over various periods, with a significant year-to-date drop of 66.95%, although it has managed to generate a 6.98% return over the past year despite negative net sales growth of 33.18% in the last quarter. The low return on equity of 1.03% indicates poor management efficiency, which may contribute to investor concerns.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has only declined by 0.34% over the past week. While the stock has outperformed the broader market over the past year, the overall negative sentiment is reflected in its substantial year-to-date losses. Additionally, the lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's valuation and business prospects. This combination of poor financial metrics, recent negative sales results, and low institutional interest likely contributes to the stock's current downward trajectory.