Why is Alok Industries falling/rising?

As of 08-Sep, Alok Industries Ltd is experiencing a decline in its stock price, currently at 18.20, reflecting a decrease of 0.1 or 0.55%. The stock has underperformed its sector by 1.59% today, and while it is higher than its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a positive return of 5.57%, but it has significantly underperformed over longer periods, with a year-to-date return of -13.50% and a one-year return of -32.99%. The company has reported negative results for the last five consecutive quarters, with net sales and profit after tax both declining by 23.84%. Additionally, the company has a negative book value and a high debt-to-equity ratio, indicating weak long-term fundamentals.
In the broader market context, the Sensex has shown a modest increase of 0.53% over the past week, while Alok Industries' performance has been notably weaker, particularly in the long term, where it has underperformed the benchmark in each of the last three annual periods. The stock's liquidity is adequate for trading, but the significant drop in delivery volume by 45.42% against the 5-day average suggests a lack of investor confidence. Furthermore, the minimal stake held by domestic mutual funds, at only 0.45%, may indicate a lack of comfort with the company's valuation or business prospects, contributing to the stock's overall downward trend.