Why is Trio Merc. Trad. falling/rising?

As of 12-Aug, Trio Mercantile & Trading Ltd is experiencing a decline in its stock price, currently at 0.59, which reflects a decrease of 0.03 or 4.84%. The stock has underperformed its sector by 3.93% today and has fallen after three consecutive days of gains. It is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has shown a modest increase of 3.51%, but it has significantly underperformed over longer periods, with a year-to-date decline of 50.42%. The company has reported positive results for the quarter ending June 25, but it still faces challenges, including operating losses and a weak long-term growth outlook, with net sales declining at an annual rate of 32.97%.
In the broader market context, the Sensex has shown a slight decline of 0.59% over the past week, while Trio Mercantile's performance has been more volatile, with a significant year-to-date drop compared to the benchmark's gain of 2.68%. The stock's liquidity appears to be a concern, with a drastic fall in delivery volume, which has decreased by 82.94% against the five-day average. This lack of investor participation, combined with the company's negative EBITDA and weak long-term fundamentals, suggests that the stock is viewed as risky, contributing to its current downward price movement.