Why is Sri Adhik. Bros. falling/rising?

As of 04-Sep, Sri Adhikari Brothers Television Network Ltd's stock price is currently at 1,060.00, reflecting a decline of 35.5 points or 3.24%. Today's price summary indicates that the stock has underperformed its sector by 2.69%, hitting an intraday low of Rs 1,030, which represents a drop of 5.98%. The stock's performance over various periods shows a 1-week decline of 7.77% and a year-to-date drop of 31.91%, despite a strong 1-year return of 74.07%. The company has high institutional holdings at 39.5%, which have increased by 39.41% over the previous quarter, suggesting some confidence from institutional investors. However, the company faces significant challenges, including a negative book value and weak long-term fundamentals, as evidenced by a poor EBIT to Interest ratio and low profitability metrics.
In the broader market context, the Sensex has shown a positive return of 0.80% over the past week, contrasting with the stock's significant decline. This underperformance highlights the stock's struggles relative to the benchmark. Additionally, the stock's liquidity appears sufficient for trading, but a notable drop in delivery volume by 39.22% against the 5-day average indicates waning investor interest. While the stock has outperformed the BSE500 in the long term, the recent negative financial results, including a substantial fall in profit after tax, contribute to the perception of risk surrounding the stock, leading to its current downward movement.