Why is Bluechip Tex Ind falling/rising?

As of 15-Jul, Bluechip Tex Industries Ltd is experiencing a decline in its stock price, currently at Rs 150.00, which represents a decrease of Rs 8.5 or 5.36%. The stock has underperformed its sector by 6.7% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 150 and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 51.36% compared to the 5-day average. Over the past year, the stock has generated a return of -6.57%, and its operating profits have decreased by 153%, indicating weak long-term fundamental strength and low profitability.
In the broader market context, the stock's performance over the past week shows a decline of 5.93%, while the benchmark Sensex has only decreased by 1.36%. This consistent underperformance against the benchmark over the last three years highlights the stock's struggles, as it has not only generated negative returns but has also shown a poor ability to service its debt, with an average EBIT to Interest ratio of 1.47. The company's flat results in March 2025, with net sales at their lowest, further exacerbate the situation, suggesting that the stock is trading at risky valuations compared to its historical performance.