Why is Trio Merc. Trad. falling/rising?

As of 28-Jul, Trio Mercantile & Trading Ltd is experiencing a decline in its stock price, currently at 0.65, which reflects a decrease of 0.04 or 5.8%. The stock has been underperforming, with a consecutive fall over the last four days, resulting in a total decline of 9.72% in the past week. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has also decreased significantly, down by 46.89% compared to the 5-day average, indicating falling investor participation. The company is facing operating losses and has shown weak long-term fundamental strength, with net sales declining at an annual rate of 32.97% and operating profit decreasing by 16.74%.
In the broader market context, the stock's performance has been notably worse than the benchmark, the Sensex, which has only declined by 1.59% over the past week. Year-to-date, Trio Mercantile has dropped 45.38%, while the Sensex has gained 3.52%. This stark contrast highlights the company's struggles relative to the overall market. The stock's negative EBITDA and poor long-term growth prospects further contribute to its riskiness, making it a strong sell. Overall, the combination of poor performance metrics, declining investor interest, and unfavorable comparisons to the benchmark are driving the stock's downward trajectory.