Why is Banka Bioloo falling/rising?

As of 18-Nov, Banka Bioloo Ltd is experiencing a decline in its stock price, currently at 78.35, which represents a decrease of 4.13 or 5.01%. The stock has underperformed its sector today by 4.07%, and it is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has seen a return of -8.88%, and it has significantly underperformed the benchmark Sensex, which has gained 0.84%. The company is facing challenges, including operating losses and a high Debt to EBITDA ratio of 15.97 times, indicating a weak long-term fundamental strength. Additionally, the stock has generated a return of -25.45% over the past year, while its profits have only risen by 18%, further highlighting its struggles.
In the broader market context, Banka Bioloo's short-term performance has been notably poor compared to the Sensex, which has shown positive movement. The company's liquidity appears sufficient for trading, with a delivery volume increase of 643.31% against the 5-day average, suggesting some investor interest despite the overall negative sentiment. However, the company's flat results and low cash reserves, alongside a low Return on Equity of 1.94%, contribute to a perception of risk among investors. This combination of factors has led to a bearish outlook for the stock, reinforcing its status as a strong sell.