Why is Sri Adhik. Bros. falling/rising?

As of 29-Aug, Sri Adhikari Brothers Television Network Ltd's stock price is currently at Rs 1,091.80, reflecting a decrease of Rs 57.45, or 5.0%. The stock has underperformed its sector by 3.63% today, marking a trend reversal after two consecutive days of gains. It reached an intraday low of Rs 1,091.80 and has seen a weighted average price closer to this low, indicating a decline in investor sentiment. Despite a significant long-term performance with a 94.05% return over the past year, the company faces challenges such as a negative book value and weak long-term fundamental strength, highlighted by a poor EBIT to Interest ratio of -6.09 and a low return on equity of 1.04%. Additionally, the recent negative financial results, including a substantial drop in profit after tax, have likely contributed to the stock's current downward movement.
In the broader market context, the stock has shown a short-term return of -0.68% over the past week, while the benchmark Sensex has declined by 1.84% during the same period. This indicates that while the stock is experiencing a decline, it is performing better than the overall market in the short term. However, the company's high institutional holdings at 39.5% suggest that knowledgeable investors are still backing it, despite the recent negative trends. The stock's liquidity remains adequate for trading, but the overall financial health concerns and recent poor performance metrics may overshadow these positive aspects, leading to the current price decline.