Why is Srestha Finvest falling/rising?

As of 31-Jul, Srestha Finvest Ltd is experiencing a decline in its stock price, currently at Rs. 0.39, which reflects a decrease of Rs. 0.02 or 4.88%. The stock has hit a new 52-week low today and has underperformed its sector by 4.34%. Over the past week, Srestha Finvest has seen a significant drop of 9.30%, and its year-to-date performance shows a staggering decline of 52.44%. The company is trading below all its moving averages, indicating a bearish trend. Additionally, there has been a decrease in investor participation, with delivery volume falling by 5.3% compared to the five-day average. The company's fundamentals are weak, highlighted by operating losses and a negative EBITDA, which contribute to the stock's poor performance.
In the broader market context, Srestha Finvest's short-term return of -9.30% over the past week contrasts sharply with the Sensex, which has only declined by 1.22% during the same period. This underperformance is further exacerbated by the company's significant operating losses and a negative growth trajectory, with profits plummeting by 2110.9% over the past year. The majority of shareholders are non-institutional, which may indicate a lack of confidence in the stock's future prospects. Overall, the combination of weak financial results, falling investor interest, and a negative market sentiment contributes to the stock's continued decline.