Why is Toyam Sports falling/rising?

As of 25-Jul, Toyam Sports Ltd is experiencing a decline in its stock price, currently at 1.18, reflecting a decrease of 0.06 or 4.84%. The stock has underperformed its sector by 2.72% today and has been on a downward trend, losing 7.09% over the last two days. Additionally, it is trading below its moving averages across various time frames, indicating weak performance. The stock has shown significant underperformance over the past year, with a return of -67.04%, and has consistently lagged behind the benchmark BSE500 over the last three years. The company is facing operating losses, with a negative EBITDA and a troubling growth rate of -281.83% in operating profit, contributing to its weak long-term fundamental strength.
In the broader market context, the Sensex has only declined by 0.36% over the past week, highlighting that Toyam Sports' short-term return of -7.81% is significantly worse than the benchmark. The finance/NBFC sector has also seen a decline of 2.12%, but Toyam Sports' performance is notably worse, indicating company-specific issues rather than broader market trends. The falling investor participation, with a notable drop in delivery volume, further emphasizes the lack of confidence in the stock, which is compounded by the majority ownership being held by non-institutional shareholders, suggesting limited institutional support.