Why is Saraswati Commer falling/rising?

As of 10-Jul, Saraswati Commercial (India) Ltd is experiencing a decline in its stock price, currently at Rs 13,700.00, reflecting a decrease of Rs 255.0 or 1.83%. The stock has underperformed its sector by 1.96% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 13,642.55, indicating a downward trend. Over the past week, the stock has decreased by 5.97%, while it has shown a positive return of 6.34% over the past month. However, despite a strong one-year return of 50.72%, the company has faced significant challenges, including a 48.6% drop in profits, which may contribute to investor concerns. Additionally, the stock is trading below all key moving averages, suggesting a bearish sentiment among investors.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has only declined by 0.06% over the past week. The company's weak long-term fundamentals, highlighted by operating losses and a significant drop in net sales, further exacerbate the situation. While the increase in promoter stake by 1.67% indicates confidence in the company's future, the overall decline in investor participation and liquidity raises concerns about the stock's stability. Thus, despite some positive indicators, the combination of poor financial results and market performance has led to the current downward movement in Saraswati Commercial's stock price.