Why is Swasti Vinayaka falling/rising?

As of 22-Sep, Swasti Vinayaka Synthetics Ltd is experiencing a decline in its stock price, currently at 5.17, which reflects a decrease of 0.08 or 1.52%. The stock has underperformed its sector by 0.81% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 2.27%. Over the past week, the stock has dropped by 1.52%, and its year-to-date performance shows a significant decrease of 22.95%. The company has also reported a weak financial performance, with net sales and operating profit at their lowest levels, and a return on equity of 9.79%, indicating poor long-term growth prospects. Additionally, the stock is trading below all moving averages, and there has been a notable decline in investor participation, with delivery volume falling by 41.77% compared to the five-day average.
In the broader market context, the Sensex has shown a positive return of 0.46% over the past week, contrasting sharply with Swasti Vinayaka's negative performance. This underperformance is further highlighted by the stock's returns over the past year, which have plummeted by 40.57%, while the benchmark has only declined by 2.82%. The company's weak fundamentals, including a low operating profit growth rate and a significant drop in profits, contribute to a lack of investor confidence, leading to the stock's continued decline. Overall, the combination of poor financial metrics and a lack of positive momentum in the market has resulted in the stock's downward trajectory.