Why is Uma Exports falling/rising?

As of 03-Jul, Uma Exports Ltd is experiencing a decline in its stock price, currently at Rs 51.95, which reflects a decrease of Rs 1.65 or 3.08%. The stock has hit a new 52-week low of Rs 51.5 today and has underperformed its sector by 3.02%. Over the past week, the stock has fallen by 8.67%, and its year-to-date return stands at a significant loss of 53.75%. The company has reported a substantial drop in profits, with a year-over-year return of -39.82% and a staggering -66.6% decline in profits. Additionally, the stock is trading below all key moving averages, indicating a bearish trend, and has seen a notable decrease in investor participation, with delivery volume dropping by 61.38% compared to the five-day average.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 6.53% year-to-date. The stock's underperformance is evident as it has consistently lagged behind the benchmark over various periods, including a -39.82% return in the last year compared to the Sensex's 4.07% gain. The company's weak long-term fundamentals, highlighted by operating losses and low profitability metrics, further exacerbate its challenges in attracting investor confidence. Overall, the combination of poor financial results, declining stock performance, and unfavorable market conditions contributes to the ongoing decline in Uma Exports Ltd's stock price.