Why is CHL falling/rising?

As of 25-Sep, CHL Ltd's stock price is currently at 35.47, reflecting a decrease of 1.93, or 5.16%. Today's price summary indicates that the stock has underperformed its sector by 3.59% and has experienced a trend reversal, falling after two consecutive days of gains. The stock opened significantly lower, with a loss of 6.26%, and reached an intraday low of Rs 35.06. Additionally, the stock's delivery volume has dramatically decreased, falling by 88.16% compared to the 5-day average, suggesting a decline in investor participation. Despite generating a modest return of 1.34% over the past year, the company has a negative book value and weak long-term fundamentals, with high debt levels and flat results in recent quarters, contributing to the stock's downward movement. In the broader market context, CHL Ltd's short-term performance of -1.50% over the past week is better than the Sensex, which has declined by 2.23%. However, the stock has underperformed in the year-to-date comparison, with a significant drop of 16.64% against the Sensex's gain of 3.87%. The company's weak long-term growth prospects, characterized by stagnant operating profits and a high debt-to-equity ratio, further exacerbate the stock's risk profile, leading to a bearish sentiment among investors. Overall, the combination of negative financial indicators and poor market performance has resulted in the stock's decline.