Why is Bluechip Tex Ind falling/rising?

As of 02-Jul, Bluechip Tex Industries Ltd is currently priced at 152.45, with no change in price (0.00%, flat). The stock has shown a decline of 2.90% over the past week and 3.63% over the past month, while it has significantly underperformed the benchmark, the Sensex, which has gained 0.79% and 2.50% respectively during the same periods. Today's price summary indicates that the stock's performance is in line with the sector, but it is trading below the 5-day, 20-day, 50-day, and 200-day moving averages, despite being higher than the 100-day moving average. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 17.31% against the 5-day average. The company has also been facing challenges, including a weak long-term fundamental strength, as evidenced by a -169.81% CAGR growth in operating profits over the last five years and a poor EBIT to interest ratio of 1.47, indicating difficulties in servicing its debt.
In the broader market context, Bluechip Tex Industries Ltd has consistently underperformed against the benchmark over the last three years, with a return of -8.49% in the past year compared to the Sensex's 6.75% gain year-to-date. This underperformance is compounded by the company's negative operating profits and a low return on equity of 4.86%, which signifies low profitability per unit of shareholders' funds. The stock's flat results in March 2025, with net sales at their lowest, further highlight the company's struggles. Overall, the combination of weak financial fundamentals, declining investor interest, and consistent underperformance against the benchmark suggests a challenging environment for Bluechip Tex Industries Ltd, contributing to its stagnant price movement.