Why is Ashnisha Indus. falling/rising?

As of 14-Aug, Ashnisha Industries Ltd is experiencing a decline in its stock price, currently at Rs 3.00, reflecting a decrease of Rs 0.03 or 0.99%. The stock has shown a mixed performance recently, with a 1-week return of +1.35% but a significant 1-month decline of -9.09%. It is currently 4.33% away from its 52-week low of Rs 2.87. Additionally, the stock has underperformed in the long term, with a staggering -46.33% return over the past year. The company is facing operational challenges, including reported operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -2.93. The negative EBITDA and declining cash flow further contribute to the stock's downward pressure.
In the broader market context, while the Sensex has shown a slight decline of -0.03% over the past week, Ashnisha Industries has outperformed its sector by 0.47% today. However, the stock's overall performance remains concerning, with a significant underperformance against the BSE500 over the last three years, one year, and three months. The falling investor participation, evidenced by a 59.77% drop in delivery volume compared to the 5-day average, indicates waning interest among investors, which could further exacerbate the stock's decline.