Why is Sunshine Capital falling/rising?

As of 29-Jul, Sunshine Capital Ltd is experiencing a decline in its stock price, currently at Rs. 0.25, which reflects a decrease of Rs. 0.01 or 3.85%. The stock has hit a new 52-week and all-time low today, and it has underperformed its sector by 4.31%. Over the last two days, the stock has seen a consecutive fall, resulting in a total decline of 7.41%. In terms of returns, the stock has performed poorly over various periods, with a 1-week return of -10.71% and a staggering 1-year return of -89.63%. Despite a strong long-term fundamental strength indicated by a 23.67% CAGR growth in net sales, the recent negative financial results, including a 91.83% decline in net sales and a significant drop in profit after tax, have contributed to the stock's downward trajectory. Additionally, the stock is trading at a premium compared to its peers, which may deter potential investors.
In the broader market context, the Sensex has shown a relatively minor decline of 1.03% over the past week, indicating that Sunshine Capital's short-term performance is significantly worse than the benchmark. The stock's liquidity remains adequate, with a delivery volume increase of 96.55% against the 5-day average, suggesting some level of investor interest despite the falling price. However, the decrease in institutional investor participation, with a 0.53% reduction in their stake, raises concerns about the stock's stability and attractiveness to larger investors. This combination of poor financial performance, high valuation relative to peers, and declining institutional interest has contributed to the stock's recent struggles.