Why is Adarsh Plant falling/rising?

As of 16-Jul, Adarsh Plant Protect Ltd's stock price is currently at 27.30, reflecting a decrease of 0.7, or 2.5%. The stock has underperformed its sector today by 3.62%, and while it is trading above the 20-day, 50-day, and 100-day moving averages, it is below the 5-day and 200-day moving averages. The stock has seen a decline in investor participation, with delivery volume falling by 16.74% compared to the 5-day average. Over the past week, the stock has dropped by 8.39%, contrasting with a modest gain of 5.53% over the past month. However, it has experienced a significant decline of 21.44% year-to-date and 22.64% over the past year, indicating a troubling trend in its performance. The company's financial health is concerning, with operating losses and a negative growth rate in operating profit over the last five years, alongside a high debt-to-equity ratio and negative EBITDA.
In the broader market context, the Sensex has only declined by 1.08% over the past week, which highlights the stock's underperformance relative to the benchmark. While the stock has shown some resilience over a longer three-year period with a return of 49.18%, its recent performance has been lackluster, particularly in the last year where it has underperformed the BSE500. The negative results reported for the latest six months, including a significant drop in net sales and profit after tax, further exacerbate the stock's weak outlook. Overall, the combination of poor financial fundamentals and declining investor interest contributes to the stock's downward trajectory.