Why is Sindhu Trade falling/rising?

As of 23-Jun, Sindhu Trade Links Ltd is experiencing a decline in its stock price, currently at 24.75, which reflects a decrease of 0.82 or 3.21%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 9.84% during this period. Additionally, the stock has underperformed its sector by 3.83% today. Despite a positive year-to-date return of 13.01% and a one-year return of 12.35%, the company is facing significant challenges, including operating losses and a low cash position, which have contributed to a weak long-term fundamental strength. The low participation from domestic mutual funds, holding only 0.05% of the company, suggests a lack of confidence in the stock's current valuation.
In the broader market context, the stock's short-term performance has been notably poor compared to the benchmark Sensex, which has gained 0.12% over the past week while Sindhu Trade has dropped 8.40%. This stark contrast highlights the stock's struggles relative to the market. Although the stock has shown strong returns over longer periods, the recent negative financial results, including a significant drop in profit after tax and the lowest operating profit to interest ratio, have raised concerns among investors. The combination of these factors indicates a challenging environment for Sindhu Trade Links Ltd, leading to its current price decline.