Why is Banka Bioloo falling/rising?

As of 22-Sep, Banka Bioloo Ltd's stock price is currently at 89.20, reflecting a decrease of 1.53, or 1.69%. The stock has underperformed its sector by 1.19% today, and while it is trading higher than the 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average. The stock has seen a significant decline in investor participation, with delivery volume dropping by 76.55% against the 5-day average. Over the past week, the stock has fallen by 5.49%, and its year-to-date performance shows a decline of 10.69%. The company has reported negative results for the last four consecutive quarters, with a staggering -550.8% fall in profits over the past year, which contributes to its weak long-term fundamental strength, including a high Debt to EBITDA ratio of 3.77 times.
In the broader market context, the stock's performance has been notably poor compared to the benchmark, with a one-year return of -26.04% against the BSE500's decline of only -3.80%. This stark contrast indicates that while the market has faced challenges, Banka Bioloo's stock has significantly underperformed. The company's weak financial indicators, including a negative EBITDA and low return on equity, further exacerbate its risk profile, making it less attractive to investors. Overall, the combination of poor financial results, declining investor interest, and underperformance relative to the market suggests a challenging outlook for Banka Bioloo Ltd.