Why is Adarsh Plant falling/rising?

As of 14-Jul, Adarsh Plant Protect Ltd is experiencing a decline in its stock price, currently at Rs 27.25, which reflects a decrease of Rs 1.59 or 5.51%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 8.56%. Today's trading has shown high volatility, with an intraday low of Rs 26, marking a drop of 9.85%. The stock's performance over the past week has been particularly poor, with a return of -6.77%, and it has also underperformed the BSE500 over the last year with a return of -14.87%. The company is facing significant challenges, including operating losses, a high debt-to-equity ratio, and negative growth in net sales and profit after tax, which contribute to its weak long-term fundamental strength.
In the broader market context, while the Sensex has seen a slight decline of 1.42% over the past week, Adarsh Plant Protect Ltd's performance has been significantly worse. The stock's recent struggles are compounded by a drastic reduction in investor participation, with delivery volume dropping by 81.82% against the five-day average. This lack of interest, combined with the company's negative EBITDA and poor profitability metrics, suggests a challenging environment for the stock, leading to its current downward trajectory.