Why is Adline Chem Lab falling/rising?

As of 29-Jul, Adline Chem Lab Ltd's stock price is currently at 15.65, reflecting a decline of 0.82, or 4.98%. The stock has underperformed its sector by 6.39% today, and its trading activity has been erratic, with no trades on 5 out of the last 20 days. The stock's performance over the past week shows a decrease of 4.98%, and it has also dropped 17.63% over the past month. While it has generated a slight return of 0.38% over the past year, the company faces significant challenges, including a negative book value and a high debt-to-equity ratio, which contribute to its weak long-term fundamental strength. Additionally, the promoters have reduced their stake by 3.76%, indicating a lack of confidence in the company's future.
In the broader market context, the Sensex has only declined by 1.03% over the past week, suggesting that Adline Chem Lab's performance is significantly worse than the overall market. The stock's recent struggles are compounded by poor long-term growth metrics, including a dramatic annual decline in net sales and a negative EBITDA, which further heightens the risk associated with the investment. Despite its historical outperformance over longer periods, the current negative sentiment surrounding the company's fundamentals and declining promoter confidence has led to its recent price drop.