Why is Roselabs Finance falling/rising?

As of 16-Jul, Roselabs Finance Ltd is experiencing a decline in its stock price, currently at Rs 29.18, which represents a decrease of 1.53 or 4.98%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 9.66% in that period. Additionally, it is trading below all its moving averages, indicating a bearish trend. The stock's performance over the past week shows a significant drop of 10.22%, while its year-to-date return is down 16.58%. The company is also facing challenges with a negative book value and weak long-term fundamentals, as evidenced by a decline in profits of 16% over the past year, despite a modest growth in net sales.
In the broader market context, Roselabs Finance's recent performance contrasts sharply with the Sensex, which has shown a slight increase of 1.02% over the past month. The stock's significant underperformance relative to the benchmark, particularly in the short term, highlights investor concerns about its financial health and growth prospects. While there has been a notable increase in investor participation, with delivery volume rising significantly, the overall sentiment remains cautious due to the company's negative EBITDA and poor long-term growth indicators.