Why is Visagar Finan. falling/rising?

As of 01-Sep, Visagar Financial Services Ltd is currently priced at 0.48, with no change in price (0.00%). The stock has underperformed its sector by 1.61% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 2.04%, and over the past month, it has fallen by 5.88%. Despite a significant increase in profits by 132.6% over the past year, the stock has generated a return of -40.00%, indicating a disconnect between profitability and stock performance. The company is facing operating losses and has shown weak long-term fundamental strength, which is contributing to its declining stock price.
In the broader market context, the Sensex has decreased by 1.56% over the past week and by 0.29% over the past month, indicating a relatively stable benchmark performance compared to Visagar's sharper declines. The stock's year-to-date performance shows a significant drop of 36.84%, contrasting with the Sensex's gain of 2.85%. This underperformance suggests that while the overall market may be experiencing slight fluctuations, Visagar Financial Services Ltd is struggling significantly, likely due to its operating losses and declining sales, which overshadow its attractive valuation metrics.