Why is Bombay Oxygen falling/rising?

As of 16-Sep, Bombay Oxygen Investments Ltd is experiencing a decline in its stock price, currently at 25,612.00, which reflects a decrease of 384.0 points or 1.48%. Today's performance indicates that the stock has underperformed its sector by 1.56% and has fallen after two consecutive days of gains. While the stock is trading higher than its 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day and 20-day moving averages. Over the past week, the stock has decreased by 2.06%, and year-to-date, it has seen a significant drop of 13.33%. The company's recent financial results show a concerning trend, with net sales declining by 64.79% and profit after tax falling by 66.42%. Additionally, the stock's return over the past year is notably poor at -26.40%, indicating a substantial underperformance compared to the market.
In the broader market context, the stock's performance contrasts sharply with the benchmark Sensex, which has gained 1.58% over the past week and 2.21% over the past month. Despite a low debt-to-equity ratio and rising investor participation, the stock's valuation appears expensive relative to its peers, with a price-to-book value of 0.8. The overall market has generated negative returns of -2.93% in the last year, but Bombay Oxygen's decline has been significantly steeper, highlighting its struggles in a challenging market environment. This combination of poor financial performance and relative underperformance against the benchmark contributes to the stock's current downward trend.