Why is Ampvolts falling/rising?

As of 10-Jul, Ampvolts Ltd is experiencing a decline in its stock price, currently at 28.09, reflecting a decrease of 0.57 or 1.99%. The stock has underperformed its sector by 1.36% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 3.93%. Furthermore, Ampvolts is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, falling by 22.45% against the 5-day average, suggesting a lack of investor interest. Despite some positive financial results, such as a higher PAT and EPS, the company is facing challenges with operating losses and a high Debt to EBITDA ratio, which contribute to its weak long-term fundamental strength.
In the broader market context, Ampvolts has significantly underperformed compared to the benchmark, with a one-year return of -29.33% against the Sensex's gain of 4.09%. This stark contrast highlights the stock's struggles, especially as the market has shown resilience with a 1.46% return over the past year. The company's negative EBITDA and high debt levels further exacerbate its risk profile, making it less attractive to investors. Overall, the combination of poor short-term performance, declining investor participation, and weak fundamentals has led to the stock's current downward trajectory.