Why is Andhra Petrochem falling/rising?

As of 09-Sep, Andhra Petrochemicals Ltd's stock price is currently at Rs 49.15, reflecting a decrease of Rs 1.15, or 2.29%. The stock has underperformed its sector today, with a performance that is 1.63% lower than its peers. Additionally, it has fallen after two consecutive days of gains, reaching an intraday low of Rs 48.3, which is 3.36% away from its 52-week low of Rs 47.5. The stock is trading below all its moving averages, indicating a bearish trend, and has seen a significant drop in investor participation, with delivery volume falling by 53.78% compared to the 5-day average. The company's financial health is concerning, as it has reported negative results for the last four consecutive quarters, with a drastic decline in operating profit and net sales, leading to a high-risk assessment for investors.
In the broader market context, Andhra Petrochemicals has shown a negative return of 0.83% over the past week, while the benchmark Sensex has gained 1.18%, highlighting a significant underperformance. Over the past year, the stock has generated a return of -49.33%, contrasting sharply with the Sensex's slight decline of 0.56%. This consistent underperformance against the benchmark over the last three years, coupled with poor long-term growth prospects and negative EBITDA, suggests that investor sentiment remains weak, contributing to the stock's downward movement.