Why is Alok Industries falling/rising?

As of 21-Aug, Alok Industries Ltd is experiencing a decline in its stock price, currently at 18.30, which reflects a decrease of 0.36 or 1.93%. The stock has underperformed its sector by 1.63% today and has been on a consecutive fall for the last two days, accumulating a total decline of 2.19%. Over the past week, the stock has shown a modest increase of 2.52; however, it has significantly underperformed in the longer term, with a 10.86% drop over the past month and a staggering 34.90% decline over the past year. The company's negative financial indicators, including a negative book value, high debt levels, and poor long-term growth, contribute to its weak performance. Additionally, the stock has reported negative results for the last five consecutive quarters, with net sales and profit after tax both declining by 23.84%.
In the broader market context, while the Sensex has increased by 1.74% over the past week, Alok Industries has lagged behind, indicating a significant underperformance relative to the benchmark. The stock's liquidity is relatively low, with a delivery volume that has fallen by 13.22% against the five-day average, suggesting decreasing investor interest. The lack of confidence from domestic mutual funds, which hold only 0.45% of the company, further highlights the market's skepticism regarding Alok Industries' future prospects. Overall, the combination of poor financial health, negative growth trends, and declining investor participation has led to the stock's recent downward movement.