Why is Roselabs Finance falling/rising?

As of 18-Jul, Roselabs Finance Ltd is experiencing a decline in its stock price, currently at Rs 28.50, which represents a decrease of Rs 1.5 or 5.0%. The stock has underperformed its sector by 4.71% today, opening with a loss of 5% and touching an intraday low of Rs 28.5. Over the past week, the stock has seen a significant drop of 11.76%, and its year-to-date performance shows a decline of 18.52%. The company has a negative book value and weak long-term fundamental strength, with net sales growing at only 30.80% annually and operating profit at 11.80%. Additionally, the stock is trading below all its moving averages, indicating a bearish trend.
In the broader market context, while the Sensex has shown a slight decline of 0.90% over the past week, Roselabs Finance's performance has been significantly worse, highlighting its struggles compared to the benchmark. The stock's negative returns over the last year, at -12.71%, contrast sharply with the market's relatively stable performance, which has seen a decline of only 0.36%. This underperformance, combined with a negative EBITDA and declining profits, suggests that investor confidence is waning, contributing to the stock's current downward trajectory.