Why is Sharda Ispat falling/rising?

As of 20-Oct, Sharda Ispat Ltd is experiencing a decline in its stock price, currently at Rs 208.00, which represents a decrease of Rs 8.8 or 4.06%. The stock has hit a new 52-week low of Rs 204.1 today and has been on a downward trend, losing 14.72% over the last four days. Additionally, the stock has underperformed its sector by 3.56% today and is trading below all key moving averages, indicating a bearish sentiment. Over the past year, Sharda Ispat has generated a staggering return of -50.02%, with profits falling by 66.5%, contributing to its negative performance. The company has also reported negative results for the last four consecutive quarters, with a significant drop in net sales and a poor operating profit growth rate.
In the broader market context, Sharda Ispat's short-term performance has been notably worse than the benchmark, as the Sensex has gained 2.47% over the past week while Sharda Ispat has lost 14.56%. This stark contrast highlights the stock's struggle in a generally positive market environment. Despite a low debt-to-equity ratio and attractive valuation metrics, the company's persistent negative results and declining sales have overshadowed these factors, leading to a lack of investor confidence. The stock's liquidity remains adequate, but the overall sentiment is heavily influenced by its poor long-term growth prospects and recent financial performance.