Why is Ceeta Industries falling/rising?

As of 22-Sep, Ceeta Industries Ltd is currently priced at 40.00, reflecting a decline of 0.52, or 1.28%. The stock has underperformed its sector by 1.03% today and has experienced a consecutive fall over the last two days, resulting in a total decrease of 3.15% during this period. Additionally, Ceeta Industries is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although the company has reported positive results for the last seven consecutive quarters, with net sales growing by 55.79%, its weak long-term fundamental strength, highlighted by a low Return on Capital Employed (ROCE) of -1.6 and a high Debt to EBITDA ratio, raises concerns among investors, contributing to the stock's recent decline.
In the broader market context, Ceeta Industries has significantly underperformed compared to the Sensex, with a 1-week return of -3.61% against the benchmark's positive return of 0.46%. Over the past month, the stock has decreased by 16.35%, while the Sensex has gained 1.05%. This stark contrast in performance underscores the challenges faced by Ceeta Industries, particularly in light of its poor long-term growth prospects and low ability to service debt, which may deter potential investors and lead to further selling pressure in the stock.