Why is Setubandhan Inf. falling/rising?

As of 24-Jul, Setubandhan Infrastructure Ltd is experiencing a decline in its stock price, currently at 0.59, with a change of -0.01, representing a decrease of 1.67%. The stock has underperformed its sector by 1.39% today and has shown erratic trading, not trading on 3 out of the last 20 days. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has also seen a significant drop in delivery volume, with a 99.98% decrease compared to the 5-day average. Over the past week, the stock has decreased by 21.33%, and year-to-date, it has fallen by 24.36%. The company's fundamentals are weak, as it has not declared results in the last six months, has a high Debt to EBITDA ratio, and has shown low profitability with a Return on Equity of only 0.07%.
In the broader market context, the Sensex has remained relatively stable, with a slight decline of 0.20% over the past week and a year-to-date increase of 5.99%. This stark contrast highlights the underperformance of Setubandhan Infrastructure Ltd compared to the benchmark. The company's financial struggles, including a significant drop in net sales and profits, alongside the lack of recent results, contribute to its risky trading status. The majority of shareholders being non-institutional may also indicate a lack of confidence in the stock, further exacerbating its decline. Overall, the combination of poor financial performance and weak investor participation is driving the stock's downward movement.