Why is BIGBLOC Const. falling/rising?

As of 30-Jul, BIGBLOC Construction Ltd is experiencing a decline in its stock price, currently at Rs 60.04, reflecting a decrease of Rs 0.3 or 0.5%. The stock is trading close to its 52-week low, just 1.9% away from Rs 58.9. In terms of performance, BIGBLOC has underperformed the sector today by 0.29% and is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The company has shown a significant decline in investor participation, with delivery volume falling by 42.87% compared to the 5-day average. Over the past year, the stock has generated a return of -55.06%, while its net sales have decreased by 4.94%, leading to negative results for four consecutive quarters. The company's high Debt to EBITDA ratio of 3.46 times indicates a low ability to service debt, further contributing to its negative outlook.
In the broader market context, BIGBLOC's short-term performance over the past week shows a decline of 2.64%, while the benchmark Sensex has decreased by a lesser 1.50%. This underperformance is indicative of the company's struggles, as it has consistently lagged behind the BSE500 over various time frames, including the last three years and one year. The stock's poor long-term growth prospects, reflected in a 68.7% fall in profits over the past year, coupled with a lack of interest from domestic mutual funds, suggests a lack of confidence in the company's future performance. Overall, the combination of negative financial results, high debt levels, and declining investor interest is driving the stock's downward movement.