Why is Uma Exports falling/rising?

As of 28-Jul, Uma Exports Ltd is currently priced at Rs. 49.24, reflecting a decrease of Rs. 0.26 or 0.53%. The stock has recently hit a new 52-week low of Rs. 48.3 and has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 2.85% during this period. Over the past week, the stock has underperformed with a return of -4.20%, and its performance over the last month shows a significant drop of -11.12%. The company has reported a return of -42.35% over the past year, with profits declining by 66.6%. Despite having a relatively attractive valuation with a Return on Capital Employed (ROCE) of 9 and trading at a discount compared to its peers, the company is facing operating losses and weak long-term fundamental strength, which negatively impacts investor sentiment.
In the broader market context, the Sensex has experienced a decline of 1.59% over the past week, indicating that while Uma Exports is also falling, it is underperforming the benchmark significantly. The stock's liquidity appears adequate, with a delivery volume increase of 23.48% against the 5-day average, suggesting some investor interest despite the overall negative performance. However, the company's weak profitability, as evidenced by a low Return on Equity of 8.83%, and substantial operating losses reported in recent quarters contribute to a bearish outlook, further exacerbating the stock's decline relative to the broader market.