Why is Aplab falling/rising?

As of 10-Oct, Aplab Ltd's stock is currently priced at 71.80, reflecting a decrease of 1.46 or 1.99%. The stock has been underperforming, having lost 7.72% over the last four days, and it has consistently traded at the same price since opening. In terms of performance against benchmarks, Aplab has shown a negative return of 5.89% over the past week, while the Sensex has gained 1.59%. The company's financial health is concerning, as it has high debt levels with a debt-to-equity ratio of 2.45 and has reported a negative EBITDA. Despite some positive sales growth and profit figures in the latest six months, the long-term fundamentals remain weak, with a significant decline in operating profit over the past five years.
Broader market context indicates that Aplab has underperformed compared to the broader market, with a year-to-date return of -13.47% against the Sensex's gain of 5.58%. This trend highlights the stock's struggles in attracting investor interest, as evidenced by a decline in delivery volume. The stock's liquidity is adequate, but the overall market sentiment appears to be unfavorable, particularly given the company's poor profitability metrics and high debt levels. Consequently, these factors contribute to the stock's downward movement in the current market environment.