Why is Vashu Bhagnani falling/rising?

As of 15-Jul, Vashu Bhagnani Industries Ltd's stock price is currently at Rs 83.00, reflecting a decline of -0.49 (-0.59%). The stock has been experiencing consecutive falls, losing -9.24% over the last two days and is now trading close to its 52-week low, just 2.36% above Rs 81.04. The stock's performance has been notably poor, with a year-to-date decline of -35.43% and a staggering -73.36% drop over the past year. Additionally, the company has reported significant operating losses, with net sales declining by -79.85% in the latest six months, contributing to its weak long-term fundamental strength and low profitability, as indicated by a return on equity of only 4.6.
In the broader market context, Vashu Bhagnani's recent performance contrasts sharply with the benchmark Sensex, which has gained 5.67% year-to-date. While the stock has underperformed significantly compared to the market, the Sensex has only declined -1.36% over the past week. Despite a rise in investor participation, with delivery volume increasing by 1096.38% against the 5-day average, the overall sentiment remains negative due to the company's weak financial results and high valuation relative to its peers. This combination of factors has led to a continued decline in the stock price, indicating a lack of confidence among investors.