Why is Binani Industrie falling/rising?

As of 11-Jun, Binani Industries Ltd is experiencing a decline in its stock price, currently at 14.12, reflecting a decrease of 0.58 or 3.95%. The stock has underperformed significantly today, lagging behind its sector by 4.42%. In terms of returns, the stock has shown a negative performance over the past week, down 5.68%, and has also declined by 2.22% over the past month. Additionally, the stock has a negative book value and a weak long-term fundamental strength, with net sales decreasing at an annual rate of 39.70%. The company has high debt levels, evidenced by a debt-to-equity ratio of 0, and has reported flat results for the last financial period, contributing to its negative EBITDA and low return on capital employed.
In the broader market context, while the BSE Sensex has increased by 1.87% over the past week and 3.85% over the past month, Binani Industries has not only underperformed these benchmarks but has also generated a negative return of 16.45% over the past year compared to the market's positive return of 5.98%. This stark contrast highlights the stock's struggles in attracting investor interest, as indicated by a significant drop in delivery volume, which fell by 69.66% against the five-day average. The combination of poor financial performance, high debt, and weak investor participation has contributed to the stock's downward trajectory.