Why is Shree Ganesh Rem falling/rising?

As of 23-Jul, Shree Ganesh Remedies Ltd is experiencing a decline in its stock price, currently at Rs 589.00, which represents a decrease of -4.95 or -0.83%. The stock has underperformed its sector by -1.34% today and has been on a downward trend for the last three days, accumulating a total decline of -2.64%. Additionally, the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a weak performance. Over the past year, the stock has generated a return of -26.10%, significantly underperforming the market, which has seen a return of +2.86%. The company's recent financial results have also been disappointing, with net sales falling by -34.56% and profits declining by -47.7%, contributing to a perception of an expensive valuation despite a low debt-to-equity ratio.
In the broader market context, while the Sensex has shown a slight increase of +0.11% over the past week, Shree Ganesh Remedies Ltd has seen a decline of -2.64%, highlighting its underperformance relative to the benchmark. The stock's lack of interest from domestic mutual funds, holding only 0% of the company, suggests a lack of confidence in its current valuation or business prospects. This combination of poor financial performance, negative investor sentiment, and a significant underperformance compared to the broader market indicates that the stock is facing considerable challenges, leading to its current downward price movement.