Why is Sunshine Capital falling/rising?

As of 28-Jul, Sunshine Capital Ltd is experiencing a decline in its stock price, currently at Rs. 0.26, which reflects a decrease of 0.01 or 3.7%. The stock has hit a new 52-week low today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has underperformed the sector by 2.33%, and its delivery volume has fallen significantly, indicating a drop in investor participation. The company has reported negative financial results, with net sales declining by 91.83% and a substantial loss in profit after tax, contributing to a very expensive valuation compared to its peers. Although there is strong long-term fundamental strength with a 23.67% CAGR growth in net sales, the recent performance has been overshadowed by these negative results and a decrease in institutional investor participation.
In the broader market context, Sunshine Capital's performance has been notably poor, with a year-to-date decline of 82.67%, while the Sensex has gained 3.52% during the same period. The stock's one-week return of -10.34% also contrasts sharply with the Sensex's decline of only 1.59%, highlighting its significant underperformance. The falling participation by institutional investors, who have reduced their stake in the company, further exacerbates the situation, as these investors typically possess better analytical capabilities regarding company fundamentals. Overall, the combination of poor financial results, declining investor interest, and substantial underperformance relative to the benchmark indicates a challenging environment for Sunshine Capital Ltd.