Why is Pradhin falling/rising?

As of 24-Jun, Pradhin Ltd's stock price is currently at 0.33, reflecting a decrease of 0.01 or 2.94%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 10.81% over the past month. It is trading below all key moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume plummeting by 90.68% compared to the five-day average. While the company reported a substantial growth in net profit and positive financial metrics, these have not translated into positive stock performance, as the stock has generated a return of -73.17% over the past year despite a 464% increase in profits.
In the broader market context, Pradhin's short-term performance is notably worse than the benchmark Sensex, which has gained 0.58% over the past week. This stark contrast highlights the stock's struggles, particularly as it has underperformed the sector by 2.63% today. The company's weak long-term fundamentals, including a low average return on equity and poor ability to service debt, further contribute to the negative sentiment surrounding the stock. Despite its attractive valuation and significant profit growth, the persistent decline in stock price suggests that investor confidence remains low, overshadowing the positive financial results.