Why is Aananda Lakshmi falling/rising?

As of 08-Jul, Aananda Lakshmi Spinning Mills Ltd is experiencing a decline in its stock price, currently at 16.21, reflecting a decrease of 0.79 or 4.65%. The stock has underperformed its sector by 6.48% today and has been on a downward trend for the last three days, accumulating a total loss of 11.95% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. The delivery volume has also significantly decreased, falling by 90.71% compared to the 5-day average, suggesting a lack of investor interest. Despite a strong performance over the past year with a return of 15.95%, the company faces challenges such as a negative book value, poor long-term growth, and high debt levels, which contribute to its current stock price decline.
In the broader market context, the stock's short-term performance has been notably weak, with a 1-week return of -9.69%, while the benchmark Sensex has remained relatively stable with a slight increase of 0.02%. This stark contrast highlights the stock's struggles compared to the overall market. Furthermore, while the stock has shown impressive returns over a longer period, such as a 3-year increase of 101.37%, the recent negative trends in sales and profit growth, alongside a high debt-to-equity ratio, indicate underlying weaknesses that may deter investors. Overall, the combination of poor recent performance, declining investor participation, and fundamental financial issues has led to the stock's current downward trajectory.