Why is Alliance Integ. falling/rising?

As of 02-Jul, Alliance Integrated Metaliks Ltd is experiencing a decline in its stock price, currently at Rs 3.01, which reflects a decrease of 0.09 or 2.9%. The stock has underperformed significantly, with a 1-week return of -2.90% and a staggering -21.82% over the past month. It is also trading 3.65% above its 52-week low of Rs 2.90. The stock's performance today has been notably poor, underperforming its sector by 4.31%. Additionally, it is trading below all key moving averages, indicating a bearish trend. The company faces challenges such as a negative book value, a high debt-to-EBITDA ratio of 23.64 times, and low profitability, with an average return on equity of just 0.10%. These factors contribute to a weak long-term fundamental strength, further exacerbating the stock's downward movement.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has gained 0.79% over the past week, while Alliance Integrated Metaliks Ltd has declined. The stock has also underperformed the BSE500 index over various time frames, including the last three years, one year, and three months, highlighting its ongoing struggles in comparison to the market. The significant drop in delivery volume, which fell by 64.33% against the five-day average, suggests a lack of investor confidence, further contributing to the stock's decline. Overall, the combination of poor financial health, negative operating profits, and weak market performance indicates a challenging environment for Alliance Integrated Metaliks Ltd.