Why is Anjani Synth. falling/rising?

As of 29-Jul, Anjani Synthetics Ltd is experiencing a decline in its stock price, currently at Rs 41.21, reflecting a decrease of 1.69 (-3.94%). The stock has been underperforming significantly, having fallen consecutively for the last six days, resulting in a total drop of 16.9% during this period. Additionally, it has underperformed its sector by 4.58% today. The stock is trading below all major moving averages, indicating a bearish trend, and has seen a drastic reduction in delivery volume, which has decreased by 76.83% compared to the five-day average. Despite an attractive valuation with a low enterprise value to capital employed ratio, the company has reported a 21.9% decline in profits over the past year, contributing to the negative sentiment surrounding the stock.
In the broader market context, Anjani Synthetics Ltd has significantly underperformed the benchmark Sensex, with a one-week return of -16.31% compared to the Sensex's -1.03%. Over the past month, the stock has declined by 25.34%, while the Sensex has only dropped by 3.24%. This stark contrast highlights the stock's weakness relative to the overall market. The company's long-term fundamentals are also concerning, with a negative CAGR growth in operating profits over the last five years and a high debt to EBITDA ratio, indicating challenges in servicing debt and low profitability. These factors collectively contribute to the stock's downward trajectory and investor apprehension.