Why is Sunshine Capital falling/rising?

As of 01-Jul, Sunshine Capital Ltd is experiencing a decline in its stock price, currently at Rs. 0.32, which represents a decrease of 0.01 or 3.03%. The stock has hit a new 52-week and all-time low today, and it has underperformed its sector by 2.89%. Over the past week, the stock has fallen by 8.57%, and it has seen a significant drop of 21.95% over the past month. The company's recent financial results have been negative, with net sales declining by 91.83% and a staggering fall in profit after tax of 429.7%. Additionally, institutional investor participation has decreased sharply by 72.46%, indicating a lack of confidence among larger investors. Despite a strong long-term fundamental strength with a 23.67% CAGR growth in net sales, the stock's current valuation appears expensive compared to its peers, contributing to its downward trend.
In the broader market context, the Sensex has shown a positive return of 2.00% over the past week, contrasting sharply with Sunshine Capital's decline. This divergence highlights the stock's underperformance relative to the overall market. While the stock has seen a rise in delivery volume, suggesting some investor interest, the overall sentiment remains negative due to the company's poor financial performance and falling institutional participation. The stark difference in returns, with Sunshine Capital down 88.85% over the past year compared to the Sensex's gain of 5.31%, further emphasizes the challenges the company faces in regaining investor confidence.