Why is Bombay Dyeing falling/rising?

As of 22-Jul, Bombay Dyeing & Manufacturing Company Ltd is currently priced at 165.15, reflecting a slight increase of 0.05 (0.03%). Despite this minor uptick, the stock has been on a downward trend, having fallen for the last three days with a total decline of -3.45%. Over the past week, the stock has underperformed the market with a return of -2.19%, while it has shown a positive return of +12.50% over the past month. However, the company faces significant challenges, including operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -0.65. Additionally, the stock's performance has been hindered by a low Return on Equity of 0.30%, and domestic mutual funds hold only a minimal stake of 0.28%, suggesting a lack of confidence in the company's prospects.
In the broader market context, the Sensex has experienced a slight decline of -0.47% over the past week, indicating a relatively stable market environment. However, Bombay Dyeing's performance has been notably weaker, particularly over the last year, where it has generated a return of -21.41%, significantly underperforming the market which has seen a return of +2.09%. The stock's liquidity remains adequate for trading, but the falling investor participation, with a delivery volume drop of -52.24% against the 5-day average, raises concerns about future demand. Overall, while the stock has shown a minor increase today, the underlying fundamentals and recent performance trends suggest a challenging outlook.