Why is Cybele Industrie falling/rising?

As of 07-Jul, Cybele Industries Ltd is experiencing a decline in its stock price, currently at 21.47, which reflects a decrease of 0.43 or 1.96%. The stock has underperformed its sector by 0.66% today and has been on a downward trend, losing 3.89% over the last two days. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has reported negative results for the last four consecutive quarters, with significant declines in net sales and profitability, leading to a weak long-term fundamental strength. Additionally, the company's ability to service its debt is poor, indicated by a negative EBIT to interest ratio, which further contributes to the stock's negative performance.
In the broader market context, the stock has underperformed significantly compared to the benchmark, with a year-to-date return of -38.80% against the Sensex's positive 6.79%. Over the past year, while the market has generated returns of 1.74%, Cybele Industries has seen a staggering decline of 50.40%. This stark contrast highlights the company's struggles amidst a generally improving market, reinforcing the perception of the stock as a risky investment. Despite a recent increase in investor participation, the overall sentiment remains negative due to the company's ongoing operational losses and declining financial metrics.