Why is Alliance Integ. falling/rising?

As of 24-Sep, Alliance Integrated Metaliks Ltd is experiencing a decline in its stock price, currently at 2.04, which represents a decrease of 0.08 or 3.77%. The stock has underperformed its sector by 3.64% today, and while it is higher than its 20-day moving average, it is below the 5-day, 50-day, 100-day, and 200-day moving averages. The stock has shown a positive return of 4.08% over the past week and 13.97% over the past month; however, it has significantly underperformed over the longer term, with a year-to-date return of -78.99% and a one-year return of -88.75%. The company is facing challenges, including a negative book value and a high debt-to-EBITDA ratio of 23.64 times, indicating weak long-term fundamental strength. Recent financial results have also been poor, with significant losses reported in operating profit and net profit.
In the broader market context, the Sensex has shown a slight increase of 0.50% over the past month, contrasting with Alliance Integrated Metaliks' strong negative performance. The stock's recent decline is further exacerbated by falling investor participation, as evidenced by a 29.86% drop in delivery volume compared to the five-day average. This lack of investor interest, combined with the company's weak financial fundamentals and negative operating profits, contributes to the stock's downward trajectory. Overall, the stock's performance is concerning, particularly in light of its substantial underperformance relative to both the benchmark and its historical valuations.