Why is Srestha Finvest falling/rising?

As of 14-Aug, Srestha Finvest Ltd's stock price is currently at 0.38, reflecting a decrease of 0.01 or 2.56%. The stock has recently hit a new 52-week low of Rs. 0.37 and has underperformed its sector by 2.96%. Over the past week, the stock has declined by 5.00%, and year-to-date, it has seen a significant drop of 53.66%. The company is experiencing operating losses, with a negative annual growth rate of operating profit at -299.54%. Additionally, the recent financial results indicate a substantial decline in profit after tax and net sales, contributing to a weak long-term fundamental strength and a return on equity of -20.7.
In the broader market context, the Sensex has only slightly declined by 0.03% over the past week, contrasting sharply with Srestha Finvest's performance. While the stock has seen a rise in investor participation, with delivery volume increasing by 47.85% against the 5-day average, the overall sentiment remains negative due to the company's poor financial health and valuation concerns. The stock is trading at a discount compared to its peers, but the significant losses and declining profits over the past year, which have fallen by 2110.9%, suggest that investors are wary, leading to the stock's continued decline.