Why is Trio Merc. Trad. falling/rising?

As of 02-Sep, Trio Mercantile & Trading Ltd is experiencing a decline in its stock price, currently at 0.63, with a change of -0.02, representing a decrease of 3.08%. The stock has underperformed its sector by 2.95% today and has been on a consecutive fall for the last three days, resulting in a total decline of 10% over this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has significantly decreased by 77.99% compared to the 5-day average, indicating falling investor participation. The company has reported operating losses and a weak long-term fundamental strength, with net sales declining at an annual rate of 28.51%. Although there were some positive results reported on June 25, such as the highest quarterly figures for PBDIT, PBT, and PAT, the overall financial health remains concerning, contributing to the stock's downward movement.
In the broader market context, the stock's performance over the past week shows a decline of 10%, while the benchmark Sensex has only fallen by 0.78%. This stark contrast highlights the stock's significant underperformance relative to the market. Year-to-date, Trio Mercantile has seen a staggering decline of 47.06%, while the Sensex has gained 2.58%. The company's weak return on equity of -0.3 and its expensive valuation compared to peers further exacerbate investor concerns, leading to a lack of confidence in the stock's future performance.