Why is Sunshine Capital falling/rising?

As of 02-Jul, Sunshine Capital Ltd is experiencing a decline in its stock price, currently at Rs.0.31, which represents a decrease of Rs.0.01 or 3.13%. The stock has hit a new 52-week low today and has underperformed its sector by 1.9%. Over the past week, it has fallen by 8.82%, and it has been on a consecutive downward trend for the last three days. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a strong long-term fundamental strength indicated by a 23.67% CAGR growth in net sales, the company has reported negative results, including a significant decline in net sales and profit after tax, which has contributed to its poor performance. Additionally, institutional investors have reduced their stakes by 72.46%, indicating a lack of confidence in the stock.
In the broader market context, Sunshine Capital's performance has been notably poor compared to the Sensex, which has gained 0.79% over the past week. The stock has underperformed significantly over longer periods as well, with a year-to-date decline of 79.33% compared to the Sensex's increase of 6.75%. This stark contrast highlights the challenges faced by Sunshine Capital, particularly in light of its recent financial results and the declining participation from institutional investors, who typically have more resources to assess the company's fundamentals.