Why is ANG Lifesciences falling/rising?

As of 30-Jun, ANG Lifesciences India Ltd is currently priced at 28.00, with no change in price (0.00%). The stock has underperformed its sector by 0.69% today and is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has declined by 0.36%, and it has experienced significant losses over longer periods, with a year-to-date decline of 37.35% and a staggering 45.77% drop over the past year. The company has reported negative results for the last 12 consecutive quarters, with a high Debt to EBITDA ratio of 5.83 times and negative return on equity, which suggests weak long-term fundamental strength. Additionally, 44.88% of promoter shares are pledged, which can exert further downward pressure on the stock price in a declining market.
In the broader market context, the Sensex has increased by 2.09% over the past week, contrasting sharply with ANG Lifesciences' performance. This consistent underperformance against the benchmark, particularly over the last three years, highlights the stock's struggles in comparison to the overall market. While the company has seen a rise in investor participation, as indicated by a 354.31% increase in delivery volume, the overall sentiment remains negative due to the company's ongoing operational losses and declining profitability.