Why is Toyam Sports falling/rising?

As of 20-Jun, Toyam Sports Ltd is currently priced at 1.29, reflecting a decline of 0.02 or 1.53%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.27% during this period. Additionally, the stock has shown a significant underperformance over the past week, with a return of -5.84%, while the benchmark Sensex has gained 1.59%. The stock is trading below all its moving averages, indicating a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 34.22% compared to the five-day average. The company is facing significant challenges, including operating losses and a weak long-term fundamental strength, as indicated by a staggering annual decline in operating profit of -200.74%.
In the broader market context, Toyam Sports' performance has been considerably weaker than the benchmark, particularly over the last year, where it has generated a return of -63.35% compared to the Sensex's gain of 6.36%. The stock's poor performance is compounded by negative EBITDA and a concerning drop in profits, which have fallen by 682% over the past year. This underperformance is further highlighted by the company's inability to generate positive operating profit, as evidenced by its lowest recorded figures in recent quarters. Overall, the combination of weak financials, declining investor interest, and poor relative performance against the benchmark contributes to the stock's downward trajectory.