Why is Srestha Finvest falling/rising?

As of 30-Jul, Srestha Finvest Ltd's stock price is flat at Rs. 0.41, with no change in percentage terms. The stock has recently hit a new 52-week low of Rs. 0.40, indicating a downward trend. Over the past week, the stock has decreased by 4.65%, and it has shown a significant decline of 50% year-to-date. The company is trading below all its moving averages, which suggests a bearish sentiment among investors. Additionally, there has been a decrease in investor participation, with delivery volume falling by 1.63% compared to the 5-day average. The company's financial health is concerning, as it has reported operating losses and a negative EBITDA, with profits declining dramatically over the past year.
In the broader market context, Srestha Finvest's performance has been notably worse than the benchmark Sensex, which has only declined by 1.50% over the past week. While the Sensex has shown a positive return of 4.28% year-to-date, Srestha Finvest's stock has plummeted by 50%. This stark contrast highlights the company's weak long-term fundamental strength, as indicated by its poor operating profit growth and significant losses reported in recent quarters. The majority of shareholders being non-institutional may also contribute to the stock's volatility and lack of confidence in its recovery.