Why is Adarsh Plant falling/rising?

As of 01-Aug, Adarsh Plant Protect Ltd is experiencing a decline in its stock price, currently at 26.50, which reflects a decrease of 0.5 or 1.85%. The stock has underperformed its sector today by 1.34%, and while it is trading above its 100-day moving average, it remains below its 5-day, 20-day, 50-day, and 200-day moving averages. Over the past week, the stock has seen a return of -5.36%, contrasting with a 6.00% gain over the past month. However, the company has faced significant challenges, including operating losses and a high debt-to-equity ratio of 4.89 times, which indicates weak long-term fundamental strength. Additionally, the company's net sales have declined by 25.74%, and its profits have fallen by 124% over the past year, contributing to the negative sentiment surrounding the stock.
In the broader market context, while the BSE500 index has generated negative returns of -4.13% over the last year, Adarsh Plant Protect Ltd has significantly underperformed with a return of -14.90%. This stark difference highlights the company's struggles relative to the market. Despite a rise in investor participation, as evidenced by a 101.8% increase in delivery volume, the overall financial health of the company remains concerning, with negative EBITDA and poor profitability metrics further exacerbating investor apprehension.