Why is AMD Industries falling/rising?

As of 29-Sep, AMD Industries Ltd is experiencing a decline in its stock price, currently at Rs 54.34, which reflects a decrease of Rs 1.32 or 2.37%. The stock has been underperforming significantly, having fallen consecutively for the last five days, resulting in a total return of -14.91% over that period. Today's performance indicates that it underperformed its sector by 0.97%, and it reached an intraday low of Rs 54.21. The stock's returns over the past year show a substantial decline of -24.76%, while profits have plummeted by -197.7%. Despite a relatively attractive valuation with a ROCE of 9.7 and trading at a discount compared to peers, the company's weak long-term fundamentals, including a high Debt to EBITDA ratio, contribute to the negative sentiment surrounding the stock.
In the broader market context, AMD Industries has consistently underperformed against the benchmark, with a -14.91% return over the past week compared to the Sensex's -2.18%. Over the last three years, the stock has shown a significant decline of -29.61%, while the benchmark has gained 42.47%. This consistent underperformance, coupled with a decrease in investor participation—evidenced by a 77.77% drop in delivery volume—suggests a lack of confidence among investors. The overall market conditions and the company's financial struggles further exacerbate the downward pressure on the stock price.