Why is Sunshine Capital falling/rising?

As of 03-Jul, Sunshine Capital Ltd is experiencing a decline in its stock price, currently at Rs. 0.30, which represents a decrease of Rs. 0.01 or 3.23%. The stock has hit a new 52-week and all-time low today, and it has underperformed its sector by 2.71%. Over the last four days, the stock has consistently fallen, resulting in a total decline of 11.76%. In terms of returns, Sunshine Capital has significantly underperformed against the benchmark, with a 1-week return of -9.09% compared to the Sensex's -0.62%, and a staggering year-to-date decline of 80.00% against the Sensex's 6.53%. The company's fundamentals are concerning, as it reported a drastic decline in net sales and profits, with a negative PAT and PBDIT, indicating financial distress. Additionally, institutional investor participation has decreased sharply, suggesting a lack of confidence in the stock.
In the broader market context, while the Sensex has shown resilience with a 1-month return of 3.10%, Sunshine Capital's performance has been markedly poor, with a 1-month decline of 21.05%. This stark contrast highlights the company's struggles relative to the overall market. The stock's long-term fundamental strength is overshadowed by its recent negative financial results and high valuation compared to peers. The significant drop in institutional investment further exacerbates the situation, as these investors typically have more resources to assess the company's fundamentals. Overall, the combination of poor performance metrics, declining investor confidence, and unfavorable comparisons to the benchmark contributes to the stock's downward trajectory.