Why is Chowgule Steam falling/rising?

As of 12-Sep, Chowgule Steamships Ltd is experiencing a decline in its stock price, currently at 22.80, reflecting a decrease of 0.34 or 1.47%. The stock has underperformed its sector today by 1.94%, and it is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 68.76% compared to the 5-day average. Over the past year, the stock has generated a return of -19.43%, which is considerably worse than the broader market's decline of 1.28%. The company's negative book value and high debt levels, along with flat results and a risky trading profile, contribute to its weak long-term fundamental strength.
In the broader market context, Chowgule Steamships Ltd's short-term performance has been notably poor compared to the benchmark, as it has declined by 1.51% over the past week while the Sensex has increased by 1.48%. This stark contrast highlights the stock's struggles in a generally positive market environment. The company's weak growth metrics, including stagnant operating profit and a significant drop in profits over the last year, further exacerbate its underperformance. Overall, the combination of negative financial indicators and declining investor interest suggests that the stock's downward trend is likely to continue in the near term.