Why is A B M Internatl. falling/rising?

As of 30-Sep, A B M International Ltd's stock price is currently at Rs. 38.41, reflecting a decrease of Rs. 0.81, or 2.07%. The stock has hit a new 52-week low of Rs. 38.27 today and has underperformed its sector by 1.8%. It is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has declined by 8.26%, while its year-to-date performance shows a significant drop of 44.53%. The company has reported negative results for the last three consecutive quarters, with a net profit after tax of Rs. -3.90 crore, and has a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -0.57. This consistent underperformance and the company's negative EBITDA contribute to the stock's downward movement.
In the broader market context, the Sensex has decreased by 2.22% over the past week, which is less than the stock's decline, suggesting that A B M International Ltd is underperforming relative to the market. While the benchmark has shown a slight positive return of 0.75% over the past month, A B M International Ltd has experienced a decline of 7.89% in the same period. The stock's long-term performance is concerning, with a 48.62% drop over the last three years, contrasting sharply with the Sensex's gain of 43.97%. This persistent underperformance against both the market and its own historical valuations indicates a challenging environment for the company, leading to its current stock price decline.