Why is Sungold Capital falling/rising?

As of 04-Jul, Sungold Capital Ltd is experiencing a decline in its stock price, currently at 2.87, which reflects a decrease of 0.03 or 1.03%. The stock has underperformed its sector by 1.16% today and has shown erratic trading patterns, not trading on one day out of the last 20. Furthermore, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 14.07%, and over the last month, it has decreased by 23.67%. The company is facing significant challenges, including operating losses and weak long-term fundamentals, with net sales growing at a mere 2.19% annually and operating profit at 8.30%. The stock's valuation is considered expensive compared to its peers, and it has consistently underperformed against the benchmark over the last three years.
In the broader market context, the Sensex has shown a slight decline of 0.74% over the past week, contrasting with Sungold Capital's significant drop. While the benchmark has gained 3.01% over the last month, Sungold Capital's performance has been notably poor, with a year-to-date decline of 23.47%. This consistent underperformance against the benchmark indicates a lack of investor confidence, further exacerbated by the company's weak financial results, including the lowest quarterly earnings per share recorded. The rising investor participation, as indicated by a 35.76% increase in delivery volume, may not be sufficient to counteract the negative sentiment surrounding the stock, which is reflected in its current price movement.