Why is Sanblue Corp. falling/rising?

As of 29-Aug, Sanblue Corporation Ltd is currently priced at 51.21, showing no change (0.00%). The stock has underperformed in the short term, with a 1-week return of -4.73% and a 1-month return of -20.30%. Today's performance indicates that the stock has outperformed its sector by 0.66%, but it has exhibited erratic trading, not trading on one day out of the last twenty. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend. The delivery volume has significantly decreased, falling by 97.21% against the 5-day average, suggesting a lack of investor interest. The company is facing operating losses and has a weak long-term fundamental strength, with a low EPS of Rs -0.14 and a high PEG ratio of 1.7, which contributes to its expensive valuation compared to peers.
In the broader market context, the Sensex has shown a decline of 1.84% over the past week, while Sanblue Corp.'s performance has been significantly worse, indicating a relative weakness against the benchmark. Despite a year-to-date return of -24.57% for the stock, the Sensex has gained 2.14%, highlighting the challenging environment for Sanblue Corp. The company's majority shareholders are promoters, which may influence its strategic decisions, but the prevailing operating losses and declining investor participation suggest that the stock is currently viewed unfavorably in the market.