Why is CHL falling/rising?

As of 13-Oct, CHL Ltd's stock price is currently at 36.50, reflecting a decline of 0.9 or 2.41%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 5.12% during this period. Additionally, the stock's performance over the past week shows a decrease of 3.64%, while it has underperformed the sector by 1.16% today. The company's financial health is concerning, with a negative book value and weak long-term fundamentals, as evidenced by stagnant operating profit and high debt levels. Furthermore, the stock's liquidity appears to be diminishing, with a significant drop in delivery volume, indicating reduced investor participation.
In the broader market context, the Sensex has shown a positive return of 0.66% over the past week, contrasting with CHL Ltd's decline. While the stock has performed better over the longer term with a 97.83% increase over three years, its year-to-date performance is notably poor, with a drop of 14.22%. This disparity highlights the stock's recent struggles against a generally positive market backdrop, further exacerbated by the company's flat results and declining profits, which have fallen by 124.4% over the past year.