Why is Sanghi Industrie falling/rising?

As of 10-Jul, Sanghi Industries Ltd's stock price is currently at 65.00, reflecting a decrease of 1.31, or 1.98%. The stock has underperformed its sector by 1.4% today and has experienced a trend reversal, falling after two consecutive days of gains. Despite being higher than the 20-day, 50-day, and 100-day moving averages, it is lower than the 5-day and 200-day moving averages. Over the past week, the stock has declined by 1.68%, while it has shown a positive return of 4.13% over the last month. However, the company has declared negative results for the last three consecutive quarters, with a significant drop in profit after tax and a high debt-to-equity ratio, indicating weak long-term fundamentals and low profitability.
In the broader market context, the Sensex has only slightly declined by 0.06% over the past week, contrasting with Sanghi Industries' performance. The stock has underperformed the market significantly over the past year, generating a return of -32.43% compared to the benchmark's positive return of 4.09%. This underperformance, coupled with a low level of domestic mutual fund investment in the company, suggests a lack of confidence among institutional investors, further contributing to the stock's downward movement.