Why is Alok Industries falling/rising?

As of 20-Aug, Alok Industries Ltd is experiencing a slight decline in its stock price, currently at 18.66, with a change of -0.05, representing a decrease of 0.27%. The stock has underperformed its sector by 0.83% today and has seen a trend reversal after four consecutive days of gains. Over the past week, the stock has increased by 4.71%, but it has significantly underperformed over the longer term, with a 1-month return of -10.46% and a year-to-date return of -11.31%. The company has declared negative results for the last five consecutive quarters, with net sales and profit after tax both showing a decline of 23.84%. Additionally, the company's negative book value and high debt levels contribute to its weak long-term fundamental strength, making it a risky investment.
In the broader market context, while the Sensex has gained 1.64% over the past week, Alok Industries' short-term performance has been notably better than its long-term returns, which have been negative across multiple periods, including a -26.51% return over the past year. The stock's liquidity appears adequate, with a delivery volume increase of 89.41% against the 5-day average, but the overall sentiment remains cautious due to the company's poor financial health and minimal domestic mutual fund interest, indicating a lack of confidence in its future performance.