Why is Caspian Corporat falling/rising?

As of 24-Jun, Caspian Corporate Services Ltd is experiencing a decline in its stock price, currently at 7.41, which represents a decrease of 0.13 or 1.72%. The stock has underperformed its sector by 2.8% today and has been on a consecutive downward trend for the last three days, resulting in a total decline of 4.88%. Additionally, the stock has shown significant underperformance over various periods, with a year-to-date drop of 24.85% and a staggering 88.53% decline over the past year. The company is also facing operational challenges, including an operating loss and a high debt-to-EBITDA ratio of 3.49 times, indicating weak long-term fundamental strength. Furthermore, the latest financial results show a negative profit after tax and a significant drop in net sales, contributing to the stock's negative sentiment among investors.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a one-week return of -4.26% compared to the Sensex's gain of 0.58%. This trend of underperformance is consistent, as the stock has not only lagged behind the market in the last year but has also shown a negative return of 88.53% while the broader market has generated a positive return of 6.10%. The falling investor participation, with a notable decrease in delivery volume, further exacerbates the stock's liquidity issues, making it less attractive to potential investors. Overall, these factors indicate a challenging environment for Caspian Corporate Services Ltd, leading to its declining stock price.