Why is Sanstar falling/rising?

As of 13-Nov, Sanstar Ltd's stock price is currently at Rs 89.60, reflecting a decrease of Rs 1.57 or 1.72%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 4.78% during this period. Additionally, the stock has shown poor performance over the past week and month, with returns of -1.22% and -5.76%, respectively. The company's financial health is concerning, as it has reported negative results for the last three consecutive quarters, including a significant drop in net sales by 25.39%. Furthermore, the company has a low return on equity (ROE) of 6.64%, indicating low profitability, and institutional investor participation has decreased, suggesting a lack of confidence in the stock.
In the broader market context, Sanstar's performance has been notably weaker compared to the benchmark, with the Sensex gaining 1.40% over the past week and 2.61% over the past month. This consistent underperformance against the benchmark, alongside a significant decline in investor participation and liquidity issues, highlights the challenges facing Sanstar. The stock's long-term growth prospects appear bleak, with operating profit growth at only 13.15% over the last five years and a substantial decline in profits by 34% over the past year. Overall, these factors contribute to a negative outlook for Sanstar Ltd, reinforcing its current downward price movement.