Why is Sanstar falling/rising?

As of 06-Nov, Sanstar Ltd's stock price is currently at Rs 90.71, reflecting a decline of Rs 4.21 or 4.44%. The stock has underperformed its sector by 3.46% today and has been on a downward trend, falling for the last two days with a total return decrease of 4.59%. Over the past week, the stock has dropped by 5.36%, and its year-to-date performance shows a significant decline of 24.28%. The company has reported negative results for three consecutive quarters, with a notable drop in net sales by 25.39%, leading to a very negative outlook. Additionally, the company's low return on equity of 6.64% and a decrease in institutional investor participation by 2.06% further contribute to the stock's poor performance.
In the broader market context, Sanstar's recent performance contrasts sharply with the Sensex, which has gained 1.86% over the last month. While the benchmark has shown resilience, Sanstar has struggled, with a year-over-year return of -27.02% compared to the market's positive return of 3.65%. This stark difference indicates that investor confidence in Sanstar is waning, especially given its low profitability and declining sales figures. The stock's liquidity remains adequate, but the overall negative sentiment surrounding its management efficiency and growth prospects continues to weigh heavily on its price.