Why is Shree Ganesh Rem falling/rising?

As of 07-Jul, Shree Ganesh Remedies Ltd is experiencing a decline in its stock price, currently at Rs 588.00, which reflects a decrease of Rs 9.00 or 1.51%. The stock has underperformed today, with a performance that is 1.43% lower than its sector. It touched an intraday low of Rs 573.45, indicating a significant drop of 3.94%. Over the past week, the stock has decreased by 1.91%, and it has shown a substantial decline of 29.39% over the past year, while its profits have fallen by 18.9%. The company has reported negative financial results, with a notable drop in profit before tax and net sales, which are at their lowest levels. Additionally, the stock is trading below all its moving averages, suggesting a bearish trend.
In the broader market context, the stock's performance has been considerably weaker compared to the benchmark, with the Sensex showing a positive return of 1.53% over the past month. This stark contrast highlights the stock's struggle, as it has underperformed the market significantly, generating negative returns while the broader market has been on an upward trajectory. The lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the company's valuation and business prospects. Overall, the combination of poor financial performance, negative investor sentiment, and underperformance relative to the market contributes to the stock's current downward trend.