Why is Atlantaa falling/rising?

As of 24-Jul, Atlantaa Ltd's stock price is currently at 33.54, reflecting a decrease of 0.81, or 2.36%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 2.9%. It is trading below all key moving averages, indicating a bearish trend. Additionally, the delivery volume has significantly decreased, falling by 46.94% compared to the 5-day average, suggesting reduced investor interest. The company has also reported weak long-term fundamentals, with a staggering -236.24% CAGR growth in operating profits over the last five years, a high Debt to EBITDA ratio, and low profitability reflected in a Return on Equity of only 7.17%. Recent negative financial results, including a 72.44% drop in net sales and an 84.86% decline in profit before tax, further contribute to the stock's downward pressure.
In the broader market context, Atlantaa's performance has been notably poor compared to the benchmark, with a 1-week return of -4.31% against a minimal decline of 0.09% for the Sensex. Over the past year, while the market has generated a return of 0.99%, Atlantaa has significantly underperformed with a return of -20.12%. This stark contrast highlights the stock's struggles in a generally stable market environment, reinforcing the perception of it being a risky investment. Overall, the combination of weak financial performance, declining investor participation, and poor relative returns to the benchmark are key factors driving the stock's decline.