Why is Azad India falling/rising?

As of 30-Jun, Azad India Mobility Ltd's stock price is currently at Rs 140.40, reflecting a decrease of Rs 1.45 or 1.02%. The stock has been on a downward trend, losing value for the last three days, with a total decline of 2.7% during this period. It reached an intraday low of Rs 137.55, which is a drop of 3.03%. The stock's performance over the past week shows a decline of 1.82%, and over the past month, it has fallen by 6.24%. Additionally, the stock has underperformed significantly over the past year, with a return of -19.50%, while the broader market has shown positive returns. The company is also facing challenges, including flat results in March and a negative EBITDA, indicating financial instability.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 2.09% over the past week and 2.65% over the past month, Azad India Mobility Ltd's performance has been notably poor. The stock's recent decline is compounded by falling investor participation, as evidenced by a 20.68% drop in delivery volume against the five-day average. This lack of interest from investors, coupled with the stock's risky trading status compared to historical valuations, suggests that market sentiment is unfavorable, contributing to the stock's ongoing decline.