Why is Suraj falling/rising?

As of 04-Jul, Suraj Ltd's stock price is currently at 383.25, reflecting a decrease of 1.4, or 0.36%. The stock has been on a downward trend, having fallen for the last four consecutive days, resulting in a total decline of 4.66% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite generating a significant 59.59% return over the past year, the company has faced challenges, including a high Debt to EBITDA ratio of 2.51 times, poor long-term growth with net sales growing at only 5.87% annually over the last five years, and a substantial drop in net sales of 22.87%. These factors contribute to a negative outlook, as domestic mutual funds hold no stake in the company, suggesting a lack of confidence in its valuation.
In the broader market context, Suraj Ltd's performance has been notably weaker compared to the benchmark Sensex, which has seen a slight decline of 0.74% over the past week while Suraj has dropped 2.53%. This underperformance in the short term, combined with falling investor participation and liquidity concerns, further exacerbates the stock's challenges. Although the stock has outperformed its sector by 0.28% today, the overall negative trends in sales and profitability, along with a lack of institutional support, indicate a precarious position for Suraj Ltd in the current market environment.