Why is Banka Bioloo falling/rising?

As of 17-Nov, Banka Bioloo Ltd's stock price is currently at 82.48, reflecting a decline of 4.35, or 5.01%. The stock has underperformed its sector significantly, with a performance today that is 5.57% lower than the sector average. Over the past week, the stock has decreased by 3.77%, and it has shown a year-to-date decline of 17.42%. The company has been facing challenges, including operating losses and a high Debt to EBITDA ratio of 3.77 times, which indicates a low ability to service its debt. Additionally, the stock has experienced negative results for the last four consecutive quarters, contributing to its weak long-term fundamental strength and low profitability, as evidenced by a Return on Equity of only 3.66%.
In the broader market context, the Sensex has increased by 1.72% over the past week, contrasting sharply with Banka Bioloo's decline. This underperformance is further highlighted by the stock's returns over various periods, where it has consistently lagged behind the benchmark, including a 25.45% drop over the last year compared to the Sensex's 10.54% gain. The falling investor participation, indicated by a 91.42% drop in delivery volume, suggests a lack of confidence among investors, further exacerbating the stock's downward trend. Overall, the combination of poor financial performance, high debt levels, and significant underperformance relative to the market contributes to the stock's current decline.