Why is Saraswati Commer falling/rising?

As of 23-Jul, Saraswati Commercial (India) Ltd is experiencing a decline in its stock price, currently at Rs 13,500.00, which represents a decrease of Rs 162.3 or 1.19%. The stock has underperformed its sector by 1.73% today and has been on a downward trend for the last two days, accumulating a total loss of 3.5%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite a strong annual return of 48.35%, the company's profits have significantly decreased by 48.6%, contributing to concerns about its long-term viability. Furthermore, the stock is trading at a premium compared to its peers, which may deter potential investors.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has declined by 3.83% over the past week while the Sensex has gained 0.11%. This underperformance is further highlighted by the stock's year-to-date decline of 31.14%, compared to the Sensex's increase of 5.87%. The lack of domestic mutual fund investment, holding only 0% of the company, suggests a lack of confidence in its future prospects, which may be influencing the stock's downward trajectory. Overall, the combination of operating losses, poor sales growth, and weak long-term fundamentals appears to be driving the stock's current decline.