Why is Alps Industries falling/rising?

As of 23-Sep, Alps Industries Ltd is experiencing a decline in its stock price, currently at 1.77, which represents a decrease of 0.05 or 2.75%. The stock has underperformed its sector by 2.13% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 1.67%, and it has shown significant underperformance over the past year with a return of -49.57%. The company's financial health is concerning, with a negative book value and a debt-to-equity ratio of zero, indicating high debt levels. Additionally, the stock has a negative EBITDA and has reported poor long-term growth, with net sales declining at an annual rate of -100.00% over the last five years.
In the broader market context, the Sensex has only declined by 0.34% over the past week, highlighting that Alps Industries' performance is significantly worse than the market average. The stock's consistent underperformance against the benchmark over the last three years, coupled with the high percentage of pledged promoter shares, adds to the downward pressure on its price. The recent flat results and negative financial indicators, such as the lowest recorded earnings per share and poor debtor turnover ratio, further exacerbate investor concerns, contributing to the stock's decline.