Why is Sunshine Capital falling/rising?

As of 04-Aug, Sunshine Capital Ltd is currently priced at 0.27, reflecting a decline of 0.01 or 3.57%. The stock has underperformed its sector by 5.19% today and has experienced a trend reversal after three consecutive days of gains. Its performance over the past week shows a positive return of 3.85%, but it has significantly underperformed over the past month and year, with declines of 6.90% and 88.46%, respectively. The stock's recent negative movement can be attributed to disappointing financial results, including a staggering 91.83% decline in net sales and a 429.7% drop in profit after tax. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 50.48% against the five-day average, indicating waning interest among investors.
In the broader market context, the Sensex has shown a modest gain of 0.16% over the past week, contrasting with Sunshine Capital's recent struggles. While the stock has a strong long-term fundamental strength with a 23.67% CAGR growth in net sales, its current valuation appears expensive compared to peers, with a price-to-book value of 0.2. The decline in institutional investor participation, who have reduced their stake by 0.53% and now hold 0% of the company, further exacerbates the stock's challenges. Overall, the combination of poor financial performance, falling investor interest, and a high valuation relative to peers contributes to the stock's downward trajectory.