Why is Aro Granite Inds falling/rising?

As of 30-Jul, Aro Granite Industries Ltd is experiencing a slight decline in its stock price, currently at 37.73, reflecting a change of -0.02 (-0.05%). The stock has shown a downward trend after two consecutive days of gains, and its performance today is in line with the sector. Notably, the stock has underperformed significantly over various periods, with a year-to-date decline of -19.98% and a staggering -38.88% drop over the past year. The stock's delivery volume has also fallen sharply by -92.81% compared to the 5-day average, indicating reduced investor participation. Additionally, the company faces serious financial challenges, including a high Debt to EBITDA ratio and negative operating profits, which contribute to its weak long-term fundamental strength.
In the broader market context, Aro Granite's performance contrasts sharply with the benchmark Sensex, which has shown a positive return of +4.28% year-to-date. While the Sensex has only declined by -1.50% over the past week, Aro Granite's stock has decreased by -3.97% in the same timeframe. This underperformance highlights the company's struggles relative to the market, as it has consistently lagged behind the benchmark over the last year and three years. The overall market conditions appear to be more favorable, yet Aro Granite's significant losses and low profitability metrics suggest a challenging environment for the company, further exacerbating its stock price decline.