Why is Bhilwara Tech falling/rising?

As of 28-Jul, Bhilwara Technical Textiles Ltd is experiencing a decline in its stock price, currently at Rs 53.60, reflecting a decrease of 2.66 (-4.73%). The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 9.92% over that period. Today's trading saw the stock touch an intraday low of Rs 53.60, with a weighted average price indicating that more volume was traded closer to this low. Additionally, there has been a significant drop in investor participation, with delivery volume decreasing by 85.31% compared to the five-day average. Despite a strong long-term performance, including an 18.17% return over the past year, the company is facing challenges such as operating losses and a weak ability to service its debt, which negatively impacts investor sentiment.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 1.59% over the past week. This underperformance highlights the stock's struggles, particularly given its negative EBITDA and poor profitability metrics, such as a return on equity of just 5.78%. While the company has shown market-beating performance over longer periods, the recent negative financial results, including a 69.55% decline in PAT and a 33.33% drop in net sales, have raised concerns among investors, contributing to the stock's downward trajectory.