Why is Toyam Sports falling/rising?

As of 04-Jul, Toyam Sports Ltd is currently priced at 1.27, reflecting an increase of 0.01 or 0.79%. Despite this slight uptick, the stock has shown a concerning trend over the longer term, with a year-to-date decline of 47.52% and a staggering 63.40% drop over the past year. Today's performance indicates that the stock has outperformed its sector by 0.66%, and there has been a rise in investor participation, with delivery volume increasing by 3.85% compared to the 5-day average. However, the stock is trading below all its moving averages, indicating a bearish trend. The company is facing significant challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a negative EBITDA and a poor annual growth rate in operating profit.
In the broader market context, Toyam Sports has underperformed against the benchmark, with a 1-month return of -2.31% compared to the Sensex's gain of 3.01%. Over the last three years, the stock has consistently lagged behind the BSE500, contributing to its negative sentiment among investors. The company's majority shareholders are non-institutional, which may impact the stock's stability and liquidity. Overall, while there is a minor positive movement in the stock price today, the underlying fundamentals and historical performance suggest a continued struggle for Toyam Sports Ltd in the market.