Why is Bluechip Tex Ind falling/rising?

As of 10-Sep, Bluechip Tex Industries Ltd is currently priced at 144.00, showing no change (0.00%). The stock has underperformed its sector today by 2.58%, despite the textile sector gaining by 2.44%. Over the past week, the stock has increased by 1.77%, but it has seen a decline of 0.89% over the past month and a significant year-to-date drop of 23.69%. The company's recent financial performance has raised concerns, as it reported an operating loss and a net sales decline of 8.1% compared to the previous quarter's average. Additionally, the stock has a weak ability to service its debt, with a poor EBIT to Interest ratio and low return on equity, indicating low profitability.
In the broader market context, while Bluechip Tex Industries Ltd has shown a positive return of 1.77% over the last week, it has consistently underperformed against the benchmark, with a year-to-date return of -23.69% compared to the Sensex's gain of 4.21%. The stock's performance has been particularly weak over the past year, generating a return of -8.31% while the benchmark has remained relatively flat at -0.61%. This consistent underperformance, combined with the company's financial struggles, contributes to a negative outlook for the stock in the current market environment.