Why is Ashnisha Indus. falling/rising?

As of 30-Jul, Ashnisha Industries Ltd is currently priced at 3.04, reflecting a decrease of 0.01 or 0.33%. The stock has been underperforming, having fallen consecutively for the last six days, resulting in a total decline of 5.88% during this period. In terms of returns, the stock has experienced significant losses, with a 1-week decline of 5.00% and a 1-month decline of 10.32%. The company is facing operational challenges, including weak long-term fundamental strength, as evidenced by its negative EBIT to Interest ratio and reported losses. Furthermore, the stock's performance has been below par, with a year-to-date decline of 29.95% and a staggering 48.56% drop over the past year.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 1.50% over the past week and has gained 4.28% year-to-date. This indicates that Ashnisha Industries Ltd is not only underperforming relative to the market but also struggling significantly in comparison to its peers. The company's liquidity appears adequate for trading, but the overall sentiment remains negative due to its operating losses and poor financial ratios, contributing to its classification as a strong sell.