Why is Adarsh Plant falling/rising?

As of 20-Aug, Adarsh Plant Protect Ltd is experiencing a decline in its stock price, currently at 26.65, which reflects a decrease of 0.25 or 0.93%. The stock has underperformed its sector by 0.73% today and has been on a downward trend for the last two days, accumulating a total decline of 1.04%. Over the past week, the stock has shown a slight increase of 0.15%, but it has significantly underperformed over the longer term, with a 1-month return of -7.94%, a year-to-date return of -23.31%, and a 1-year return of -25.97%. The company is facing operational challenges, including high debt levels and negative earnings, which contribute to its weak long-term fundamental strength. The majority shareholders are the promoters, but the company's operating losses and a negative EBITDA signal significant risks for investors.
In the broader market context, while the Sensex has increased by 1.64% over the past week, Adarsh Plant Protect Ltd's performance has been notably poor, indicating a lack of investor confidence. The stock's liquidity is adequate, but there has been a notable decline in delivery volume, which has fallen by 35.1% against the 5-day average. This suggests decreasing investor participation, further exacerbated by the company's negative financial results, including a 27.12% decline in net sales and a similar drop in profit after tax over the last nine months. Overall, the stock's substantial underperformance relative to the benchmark and its deteriorating financial health are key factors contributing to its current price decline.