Why is Toyam Sports falling/rising?

As of 02-Jul, Toyam Sports Ltd is currently priced at 1.27, with no change in price, reflecting a 0.00% movement. The stock has underperformed significantly over various periods, with a year-to-date decline of 47.52% and a staggering 65.11% drop over the past year. Today's performance indicates that the stock has outperformed its sector by 1.23%, but it is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 20.88% against the 5-day average. The company is facing significant challenges, including operating losses and a weak long-term fundamental strength, as indicated by a negative EBITDA and a poor annual growth rate of operating profit.
In the broader market context, the Sensex has shown a positive return of 6.75% year-to-date, contrasting sharply with Toyam Sports' negative performance. Over the past week, while the stock has declined by 0.78%, the benchmark has gained 0.79%. This consistent underperformance against the benchmark over the last three years highlights the stock's ongoing struggles, as it has failed to generate positive returns compared to the broader market. The majority shareholders being non-institutional and the company's flat results further contribute to the perception of risk surrounding the stock, reinforcing the sentiment that it is a strong sell at this time.