Why is Alliance Integ. falling/rising?

As of 12-Sep, Alliance Integrated Metaliks Ltd is currently priced at 1.88, showing no change (0.00%). The stock has experienced a significant decline, with a year-to-date return of -80.64% and a one-year return of -91.17%. Today's price summary indicates that the stock's performance is inline with the sector, with a delivery volume increase of 8.68% against the 5-day average, suggesting some rising investor participation. However, the stock is facing challenges, including a negative book value and a high debt-to-EBITDA ratio of 23.64 times, which indicates weak long-term fundamental strength and low profitability. The company reported negative operating profits and a significant decline in PAT, further contributing to its poor performance.
In the broader market context, the stock has underperformed compared to the benchmark, with a one-week return of -1.05% against the Sensex's +1.48%. This underperformance is consistent with its long-term trend, as it has lagged behind the BSE500 over the past three years, one year, and three months. The stock's liquidity appears adequate for trading, but the overall negative financial indicators and weak returns suggest a challenging environment for investors, reinforcing the perception of the stock as a strong sell.