Why is Shalby falling/rising?

As of 14-Aug, Shalby Ltd. is experiencing a decline in its stock price, currently at Rs 206.25, which reflects a decrease of Rs 4.05 or 1.93%. Today's price summary indicates that the stock underperformed its sector by 1.5% and opened with a significant loss of 3.47%. After two consecutive days of gains, the stock has reversed its trend, hitting an intraday low of Rs 200.65, down 4.59%. Over the past week, Shalby has shown a modest gain of 1.18%, but its performance over the last year has been poor, with a return of -19.02%. Despite a low Debt to EBITDA ratio of 0.93 and increasing institutional investor participation, the company has reported negative results for six consecutive quarters, which has contributed to the stock's decline.
In the broader market context, Shalby has underperformed compared to the benchmark, with the BSE500 generating a negative return of -0.57% over the past year, while Shalby’s return was significantly worse at -19.02%. Although the stock has shown some positive trends in terms of rising investor participation and liquidity, these factors have not been sufficient to counterbalance the negative sentiment stemming from its declining profits and poor quarterly results. The stock's valuation remains attractive compared to peers, but the persistent negative performance and the company's inability to generate profits have led to a lack of confidence among investors, resulting in the current downward price movement.