Why is Anjani Synth. falling/rising?

As of 29-Sep, Anjani Synthetics Ltd is experiencing a decline in its stock price, currently at Rs. 28.78, which represents a decrease of -1.66 or -5.45%. The stock has hit a new 52-week low of Rs. 27.61 today and has been on a consecutive downward trend for the last five days, resulting in a total decline of -10.76% over that period. The stock's performance has underperformed its sector by -5.08%, and it has traded in a wide range with high volatility, indicating significant fluctuations in investor sentiment. Additionally, the stock has shown a poor performance over the past year, with a return of -31.30%, while profits have decreased by -8.9%. The company's weak long-term fundamentals, characterized by a -5.24% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 4.85 times, further contribute to the negative sentiment surrounding the stock.
In the broader market context, Anjani Synthetics Ltd's short-term performance has significantly lagged behind the benchmark, with a -10.76% return over the past week compared to the Sensex's decline of only -2.18%. This consistent underperformance against the benchmark over the last three years highlights the stock's struggles to attract investor confidence. Despite being valued attractively compared to its peers, the company's low profitability per unit of shareholder funds, as indicated by a Return on Equity of 4.59%, and the declining investor participation, with delivery volume dropping by -81.09%, suggest that market participants are increasingly wary of the stock's future prospects.