Why is Binani Industrie falling/rising?

As of 25-Jun, Binani Industries Ltd is experiencing a decline in its stock price, currently at 11.87, reflecting a decrease of 0.43 or 3.5%. The stock has been underperforming significantly, with a consecutive fall over the last five days, resulting in a total return of -15.03% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has a negative book value and weak long-term fundamental strength, as evidenced by a poor annual growth rate in net sales of -39.70% and a high debt-to-equity ratio. Furthermore, despite a rise in delivery volume, the stock's performance remains risky due to negative EBITDA and a substantial underperformance compared to the broader market.
In the broader market context, Binani Industries has significantly lagged behind the benchmark, with a one-year return of -26.41% compared to the BSE 500's positive return of 3.43%. This stark contrast highlights the company's struggles, particularly in the face of a market that has generally been performing well. The stock's recent performance indicates a lack of investor confidence, compounded by its weak financial metrics and negative growth outlook, which further contributes to its declining price trend.