Why is Sharp India falling/rising?

As of 08-Jul, Sharp India Ltd's stock price is currently at 54.42, reflecting a decline of 1.78, or 3.17%. The stock has been underperforming significantly, with a consecutive fall over the last three days, resulting in an overall drop of 8.04% during this period. Today's trading saw the stock reach a high of Rs 58 and a low of Rs 53.4, with more volume traded closer to the lower price. The stock is trading below all its moving averages, indicating a bearish trend. Additionally, the company has a negative book value and a weak long-term fundamental strength, with net sales declining at an annual rate of -0.40% over the last five years. This has contributed to a poor performance, with a return of -34.50% over the past year.
In the broader market context, the Sensex has shown a slight increase of 0.02% over the past week, contrasting sharply with Sharp India's 8.03% decline during the same period. While the stock has seen a rise in investor participation, as indicated by a significant increase in delivery volume, the overall sentiment remains negative due to the company's high debt levels and poor profitability metrics. The stock's performance has been below par both in the long term and near term, further exacerbating its decline relative to the benchmark indices.