Why is Shree Ganesh Rem falling/rising?

As of 10-Nov, Shree Ganesh Remedies Ltd is experiencing a decline in its stock price, currently at Rs. 472.80, which reflects a decrease of Rs. 16.3 or 3.33%. The stock has hit a new 52-week low of Rs. 470 today and has been underperforming its sector by 4.38%. Over the past week, the stock has fallen by 3.60%, and it has seen a significant decline of 40.29% over the past year, indicating a troubling trend. The company has reported negative results for the last three consecutive quarters, with profits falling by 28.2%, which has contributed to a lack of investor confidence, as evidenced by the negligible domestic mutual fund holdings.
In the broader market context, Shree Ganesh Remedies Ltd has underperformed compared to the benchmark index, with the Sensex showing a positive return of 6.91% year-to-date, while the stock has dropped 25.89% in the same period. This stark contrast highlights the stock's struggles relative to the overall market performance. The company's low debt-to-equity ratio and fair valuation metrics suggest some potential for recovery; however, the persistent negative financial results and lack of institutional support indicate significant challenges ahead, leading to continued selling pressure on the stock.