Why is Banka Bioloo falling/rising?

As of 14-Aug, Banka Bioloo Ltd's stock price is currently at 86.85, reflecting a decrease of 2.2, or 2.47%. The stock has underperformed its sector today by 2.17%. In terms of recent performance, the stock has shown a decline of 4.23% over the past week, while it has increased by 23.93% over the last month. However, the long-term outlook appears concerning, with a significant drop in operating profits and a negative EBITDA, indicating weak fundamental strength. The company has reported negative results for the last four consecutive quarters, which has contributed to its overall decline of 33.78% over the past year, significantly underperforming the broader market.
In the broader market context, the Sensex has shown a slight increase of 0.14% over the past week and a decline of only 1.80% over the past month, contrasting sharply with Banka Bioloo's recent performance. This disparity highlights the stock's struggle relative to the market, as it has not only underperformed the Sensex but also the BSE500, which generated negative returns of -0.57% in the last year. The high debt-to-EBITDA ratio and low return on equity further exacerbate the stock's risk profile, suggesting that investors may be cautious about its future performance.