Why is Sunshine Capital falling/rising?

As of 08-Jul, Sunshine Capital Ltd is currently priced at 0.31, reflecting an increase of 0.01 or 3.33%. The stock has shown a positive performance today, outperforming its sector by 3.38% and marking a consecutive gain over the last two days with a total return of 6.9%. However, despite this recent uptick, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downward trend. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 45.73% compared to the 5-day average. The company has strong long-term fundamental strength, evidenced by a 23.67% CAGR growth in net sales, but it also faces challenges, including negative results from March 25, where net sales fell by 91.83% and PAT dropped by 429.7%. The stock's high valuation, with a Price to Book Value of 0.2, further complicates its appeal, especially given the substantial decline in institutional investor participation.
In the broader market context, Sunshine Capital's short-term performance has been notably poor, with a 1-week return of -3.13%, contrasting sharply with the Sensex, which has remained relatively flat with a return of +0.02%. Over the past year, Sunshine Capital has experienced a staggering decline of 88.56%, while the Sensex has gained 4.69%. This stark difference highlights the challenges faced by Sunshine Capital in the current market environment, particularly as institutional investors have reduced their stakes significantly, indicating a lack of confidence in the company's prospects compared to the overall market.