Why is Sunshine Capital falling/rising?

As of 25-Aug, Sunshine Capital Ltd is currently priced at Rs. 0.22, showing no change (0.00%). The stock has recently hit a new 52-week and all-time low of Rs. 0.20. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend. Over the past week, the stock has decreased by 8.33%, and over the past month, it has fallen by 18.52%. Despite this decline, the company reported its highest quarterly profits, with a PBDIT of Rs. 29.16 crore, PBT of Rs. 29.15 crore, and PAT of Rs. 29.45 crore. However, the stock's return over the past year is a significant -90.35%, despite a remarkable increase in profits by 1841.2%, leading to a PEG ratio of 0. This suggests that while the company is generating profits, the stock price is not reflecting this positive performance due to weak long-term fundamentals and a low return on equity (ROE) of 4.06%.
In the broader market context, the Sensex has shown a slight increase of 0.45% over the past week, contrasting with Sunshine Capital's decline. The stock's performance has been negatively impacted by falling participation from institutional investors, who have reduced their stake by 0.53% in the previous quarter and now hold 0% of the company. This lack of institutional interest may contribute to the stock's downward pressure, as these investors typically possess better analytical capabilities regarding company fundamentals compared to retail investors. Overall, while there are some positive financial indicators for Sunshine Capital, the prevailing market sentiment and weak institutional support are contributing to its recent price decline.