Why is Bombay Dyeing falling/rising?

As of 16-Jul, Bombay Dyeing & Manufacturing Company Ltd is experiencing a decline in its stock price, currently at 167.10, which reflects a decrease of 1.75 or 1.04%. The stock has shown mixed performance recently, with a 1-week return of +1.52% while underperforming the sector by 1.23% today. Despite a significant increase in delivery volume by 207.89% against the 5-day average, the company faces challenges such as operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -0.65. Additionally, the stock has underperformed over the past year, generating a return of -24.64%, while the company's profitability remains low with a Return on Equity of only 0.30%.
In the broader market context, the stock's recent performance contrasts with the benchmark, as the Sensex has shown a decline of 1.08% over the past week. While the stock has outperformed the benchmark over the last month with an 8.23% return compared to the Sensex's 1.02%, its year-to-date performance is concerning, with a decline of 11.49% against the Sensex's gain of 5.75%. The company's high debt-equity ratio and negative EBITDA further contribute to its risk profile, which may deter investor confidence, as evidenced by the minimal stake held by domestic mutual funds at only 0.28%.