Why is Alliance Integ. falling/rising?

As of 25-Jun, Alliance Integrated Metaliks Ltd is experiencing a decline in its stock price, currently at Rs. 3.10, which reflects a decrease of 0.04 or 1.27%. The stock has hit a new 52-week low of Rs. 3.01 today and has underperformed its sector by 2.26%. Over the past week, the stock has fallen by 11.17%, and it has seen a significant drop of 68.07% year-to-date. The company has a negative book value and a high Debt to EBITDA ratio of 23.64 times, indicating weak long-term fundamental strength. Additionally, the stock has been trading below its moving averages and has experienced a 45.17% decrease in delivery volume, suggesting falling investor participation.
In the broader market context, the Sensex has shown a positive return of 1.61% over the past week, contrasting sharply with Alliance Integrated Metaliks' performance. This stark difference highlights the stock's underperformance relative to the benchmark, as it has generated a return of -88.25% over the past year while the Sensex has increased by 6.02%. The company's inability to generate significant profitability, as evidenced by a low Return on Equity of 0.10%, coupled with negative operating profits, further exacerbates its challenges in attracting investor confidence amidst a generally positive market environment.