Why is Aditya Ispat falling/rising?

As of 04-Aug, Aditya Ispat Ltd. is currently priced at 9.40, showing no change (0.00%). The stock has underperformed its sector by 2.85% today and is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 5.05%, and it has also shown a significant decline of 16.07% over the last year. The company is facing operating losses, with a poor long-term growth rate of -213.31% in operating profit over the last five years, and a high debt-to-equity ratio of 3.32 times. Additionally, the latest financial results indicate a negative EBITDA and a decrease in net sales, which further contribute to the stock's weak performance.
In the broader market context, the Sensex has gained 0.16% over the past week, contrasting with Aditya Ispat's decline. The steel sector has seen a positive movement, gaining 2.82%, while Aditya Ispat's performance remains negative, highlighting its consistent underperformance against the benchmark. The stock's liquidity is also a concern, with a significant drop in delivery volume, indicating falling investor participation. Overall, the combination of poor financial health, high debt, and negative market sentiment has led to the stock's continued decline.