Why is Quasar India falling/rising?

As of 05-Jun, Quasar India Ltd is experiencing a decline in its stock price, currently at 0.76, which reflects a decrease of 0.01 or 1.3%. The stock has been underperforming significantly, having lost 18.28% over the last 17 consecutive days. It is trading below all its moving averages, indicating a bearish trend. Additionally, the stock has underperformed its sector by 3.13% today. Despite a strong annual return of 69.07%, the company has faced a drastic profit decline of 98.8%, which raises concerns about its long-term viability. The operating losses and weak ability to service debt further contribute to the negative sentiment surrounding the stock. In the broader market context, Quasar India's short-term performance has been notably worse than the benchmark, with a 1-week return of -6.17% compared to the Sensex's slight decline of 0.23%. This stark contrast highlights the stock's struggles relative to the overall market. The company's weak long-term fundamentals, as evidenced by poor operating profit growth and a low EBIT to Interest ratio, suggest that investor confidence is waning, leading to decreased participation in trading. Overall, the combination of technical bearish signals and deteriorating financial health is driving the stock's decline.