Why is Chemplast Sanmar falling/rising?

As of 08-Oct, Chemplast Sanmar Ltd is experiencing a decline in its stock price, currently at Rs. 364.65, which reflects a decrease of Rs. 7.55 or 2.03%. The stock has hit a new 52-week low of Rs. 360.15 today and has underperformed its sector by 1.19%. Over the past week, the stock has fallen by 5.92%, and it has shown a significant decline of 12.76% over the last month. Additionally, the stock has been on a consecutive downward trend for the last five days, resulting in a total drop of 6.13%. The company's financial health is concerning, as it has a high Debt to EBITDA ratio of 8.50 times, indicating a low ability to service its debt. Furthermore, the company has reported negative results for the last four consecutive quarters, with a significant drop in operating profit and net sales growth.
In the broader market context, the Sensex has increased by 0.98% over the past week, contrasting sharply with Chemplast Sanmar's performance. While the benchmark has shown a positive return of 1.22% over the last month, Chemplast Sanmar's returns have been negative, highlighting its underperformance relative to the market. The stock's liquidity is adequate for trading, but a notable drop in delivery volume by 41.39% against the five-day average suggests a decrease in investor participation. Overall, the combination of poor financial performance, high debt levels, and negative investor sentiment has contributed to the stock's decline.