Why is Ashnisha Indus. falling/rising?

As of 05-Jun, Ashnisha Industries Ltd is experiencing a decline in its stock price, currently at 3.40, which represents a decrease of 0.05 or 1.45%. The stock has underperformed its sector by 2.1% today and has been on a consecutive downward trend for the last two days, accumulating a total return loss of 2.3%. Over the past week, the stock has decreased by 3.13%, and its year-to-date performance shows a significant decline of 21.66%. The company is facing operational challenges, including reported losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -2.93. Additionally, the stock is technically in a mildly bearish range, with negative indicators such as MACD and Bollinger Bands contributing to its downward movement.
In the broader market context, Ashnisha Industries Ltd has significantly underperformed compared to the benchmark, with a one-year return of -43.62% against the Sensex's positive return of 9.49%. This stark contrast highlights the company's struggles relative to the overall market performance. The stock's liquidity appears to be adequate, but the falling investor participation, as evidenced by a 14.51% drop in delivery volume, suggests waning interest among investors. Overall, the combination of weak fundamentals, negative operational metrics, and poor market performance has contributed to the stock's decline.