Why is Ampvolts falling/rising?

As of 04-Jul, Ampvolts Ltd is experiencing a decline in its stock price, currently at 29.26, reflecting a decrease of 0.59 or 1.98%. The stock has underperformed its sector by 2.69% 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 dropped by 3.40%, and it has seen a significant decline of 19.28% over the past month. Despite some positive quarterly results, including the highest PBDIT and PAT figures, the company is facing challenges such as operating losses and a high Debt to EBITDA ratio, which contribute to its weak long-term fundamental strength.
In the broader market context, while the Sensex has gained 3.01% over the past month, Ampvolts has significantly underperformed, with a year-to-date decline of 56.94% compared to the benchmark's increase of 6.77%. The stock's negative returns of 26.74% over the last year starkly contrast with the market's overall performance, which has generated positive returns. This underperformance, coupled with the company's risky financial position and negative EBITDA, indicates that investor sentiment remains cautious, contributing to the stock's current downward trend.