Why is Alliance Integ. falling/rising?

As of 11-Jul, Alliance Integrated Metaliks Ltd is experiencing a decline in its stock price, currently at 3.16, which reflects a decrease of 0.03 or 0.94%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 4.24% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The company has a negative book value and a high Debt to EBITDA ratio of 23.64 times, which raises concerns about its long-term viability. Furthermore, the stock has generated a staggering -89.97% return over the past year, highlighting its poor performance relative to its peers.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week return of -2.47% compared to the Sensex's -1.12%. This underperformance is compounded by a significant drop in investor participation, with delivery volume falling by 34.97% against the 5-day average. The company's weak fundamentals, characterized by negative operating profits and a history of losses, further contribute to its declining stock price. Overall, the combination of negative financial indicators and poor market sentiment has led to the stock's downward trajectory.