Why is Srestha Finvest falling/rising?

As of 23-Jul, Srestha Finvest Ltd's stock price is currently at Rs 0.43, reflecting a decrease of Rs 0.01 or 2.27%. The stock has underperformed significantly, with a 1-week return of -4.44% and a year-to-date decline of -47.56%. Today's performance indicates that it is trading below all its moving averages, which suggests a bearish trend. Additionally, the company has reported operating losses, with a negative EBITDA and a substantial drop in profits over the past year, contributing to its weak long-term fundamental strength. The recent negative quarterly results, including a PAT of Rs -26.65 crore, further exacerbate concerns about the company's financial health.
In the broader market context, the Sensex has shown a slight increase of 0.11% over the past week, contrasting sharply with Srestha Finvest's decline. While the benchmark has gained 5.87% year-to-date, Srestha Finvest's significant underperformance highlights its struggles relative to the market. Despite a rise in investor participation, as evidenced by a 37.88% increase in delivery volume, the overall sentiment remains negative due to the company's ongoing financial challenges and poor growth prospects.