Why is Cybele Industrie falling/rising?

As of 27-Jun, Cybele Industries Ltd is experiencing a decline in its stock price, currently at 22.35, which reflects a decrease of 0.45 or 1.97%. The stock has underperformed its sector by 1.92% today and has been on a consecutive downward trend for the last four days, resulting in a total decline of 7.64% over that period. Additionally, the company has reported negative financial results for the last four consecutive quarters, with net sales and profit after tax both showing a significant decline of 42.23%. The company's weak long-term fundamental strength is highlighted by its negative EBITDA and poor return on equity of 0.10%, indicating low profitability. Furthermore, the stock's ability to service its debt is compromised, as evidenced by a poor EBIT to interest ratio of -1.44.
In the broader market context, the stock's performance has been notably weaker compared to the benchmark, with a year-to-date decline of 36.29% against the Sensex's gain of 7.58%. Over the past year, while the market has generated returns of 4.10%, Cybele Industries has seen a staggering drop of 41.92%, underscoring its significant underperformance. Despite a recent increase in investor participation, as indicated by a 133.92% rise in delivery volume, the overall sentiment remains negative due to the company's ongoing operational losses and the risk associated with its current financial health.