Why is Bhilwara Tech falling/rising?

As of 18-Aug, Bhilwara Technical Textiles Ltd is experiencing a decline in its stock price, currently at 48.06, reflecting a decrease of 0.32 or 0.66%. The stock has underperformed its sector today by 2.51%, and while it is above the 100-day and 200-day moving averages, it is below the 5-day, 20-day, and 50-day moving averages. Over the past week, the stock has shown a modest increase of 0.97%, but it has significantly underperformed over the past month with a decline of 17.54%. The company has reported negative results for the last three consecutive quarters, with a notable drop in profitability and a weak ability to service its debt, contributing to a perception of risk among investors.
In the broader market context, the Sensex has increased by 0.83% over the past week, indicating that the stock's short-term performance is lagging behind the benchmark. The company's weak long-term fundamental strength, highlighted by operating losses and a poor EBIT to interest ratio, further exacerbates investor concerns. With a return on equity of only 5.78% and a significant decline in profits over the past year, the stock's performance is viewed as risky compared to its historical valuations. This combination of factors is likely contributing to the downward pressure on the stock price.