Why is Sunshine Capital falling/rising?

As of 04-Jul, Sunshine Capital Ltd is experiencing a decline in its stock price, currently at Rs. 0.29, which reflects a decrease of Rs. 0.01 or 3.33%. The stock has hit a new 52-week low today and has underperformed its sector by 3.46%. Over the past week, it has fallen by 14.71%, and it has been on a consecutive downward trend for the last five days. Furthermore, the stock is trading below its moving averages across various time frames, indicating a bearish sentiment. Despite a strong long-term fundamental strength with a 23.67% CAGR growth in net sales, the recent negative financial results, including a significant drop in net sales and a drastic fall in profit after tax, have contributed to the stock's poor performance. Additionally, a substantial decrease in institutional investor participation, which has fallen by 72.46%, suggests a lack of confidence among more sophisticated investors.
In the broader market context, Sunshine Capital's performance has been notably worse than the benchmark Sensex, which has shown a slight decline of 0.74% over the past week while the stock has plummeted by 14.71%. This stark contrast highlights the stock's underperformance relative to the market. The stock's year-to-date return of -80.67% further emphasizes its struggles, especially when compared to the Sensex's positive return of 6.77% in the same period. The combination of negative financial results, declining institutional interest, and significant underperformance against the benchmark has created a challenging environment for Sunshine Capital, leading to its current price decline.