Why is Bombay Dyeing falling/rising?

As of 06-Oct, Bombay Dyeing & Manufacturing Company Ltd is experiencing a decline in its stock price, currently at 176.55, which reflects a decrease of 0.7 or 0.39%. The stock has shown a trend reversal, falling after two consecutive days of gains. Despite a recent increase in investor participation, with delivery volume rising by 37.71% against the 5-day average, the stock's performance over the past month is slightly negative at -0.31%. Over the last year, the stock has underperformed significantly with a return of -22.26%, compared to a mere 0.12% increase in the benchmark. The company is facing challenges such as operating losses, a weak ability to service its debt, and a low return on equity, which collectively contribute to its classification as a strong sell.
Broader market context indicates that while the stock has outperformed the benchmark in the short term with a 6.61% increase over the past week compared to the Sensex's 1.77%, it has still underperformed over longer periods. Institutional investors have reduced their stake, indicating a lack of confidence in the company's fundamentals, which may further impact the stock's performance. The company's negative EBITDA and poor profitability metrics, alongside a significant decline in profit growth, suggest ongoing financial instability, making it a risky investment compared to historical valuations.