Why is Signpost India falling/rising?

As of 24-Jul, Signpost India Ltd is experiencing a decline in its stock price, currently at 233.90, which reflects a decrease of 3.35 or 1.41%. The stock has underperformed its sector by 0.85% today and has been on a downward trend for the last three days, accumulating a total loss of 4.14% during this period. Over the past week, the stock has decreased by 3.11%, while it has shown a significant increase of 24.85% over the past month. However, the year-to-date performance is concerning, with a decline of 36.77%. The company's financial health is under scrutiny, as it has reported negative results, including a substantial drop in profit before tax and profit after tax compared to previous quarters. Additionally, the stock's valuation appears high given its low return on capital employed and declining operating profit over the last five years.
In the broader market context, the Sensex has remained relatively stable, with a slight decline of 0.09% over the past week and a modest increase of 5.18% year-to-date. This indicates that Signpost India is not only underperforming against its sector but also against the overall market. The falling participation from institutional investors, who have reduced their stake in the company, further exacerbates the stock's challenges, as these investors typically have more resources to analyze company fundamentals. Overall, the combination of poor financial results, declining investor interest, and consistent underperformance against benchmarks contributes to the stock's current downward trajectory.