Why is Axel Polymers falling/rising?

As of 02-Jul, Axel Polymers Ltd is experiencing a decline in its stock price, currently at 42.65, reflecting a decrease of 0.86 or 1.98%. The stock has underperformed its sector by 1.31% today, and while it is trading above its 20-day, 50-day, and 100-day moving averages, it is below its 5-day and 200-day moving averages. The stock has shown a negative return of 0.79% over the past week, contrasting with a positive return of 0.79% for the Sensex. Additionally, the stock has seen a significant drop in investor participation, with delivery volume falling by 51.81% against the 5-day average. Despite a strong performance over the past month with a return of 23.62%, the stock's year-to-date return stands at -21.38%, indicating ongoing challenges.
In the broader market context, the Sensex has gained 6.75% year-to-date, highlighting the underperformance of Axel Polymers relative to the market. The company faces significant headwinds, including high debt levels and weak long-term fundamentals, which contribute to its declining stock price. With a return on equity of only 7.22% and a staggering 92.4% drop in profits over the past year, investor confidence appears to be waning. Furthermore, the stock is trading at a discount compared to its peers, but the overall negative sentiment driven by flat financial results and poor performance metrics has led to a lack of investor interest, exacerbating the stock's decline.