Why is Cybele Industrie falling/rising?

As of 25-Jul, Cybele Industries Ltd is experiencing a decline in its stock price, currently at 19.25, which reflects a decrease of 0.85 or 4.23%. The stock has been underperforming significantly, having fallen consecutively for the last three days, resulting in a total drop of 13.05% during this period. Additionally, it is trading below all its moving averages, indicating a bearish trend. The company has reported negative results for the last four consecutive quarters, with net sales and profit after tax both declining by 42.23%. Furthermore, the company’s weak financial fundamentals, including an operating loss and a poor EBIT to interest ratio of -1.44, contribute to its negative outlook.
In the broader market context, Cybele Industries has underperformed relative to the benchmark, with a one-year return of -66.81% compared to the BSE500's decline of only -0.19%. This stark contrast highlights the company's struggles, especially as it has also seen a significant drop in investor participation, with delivery volume falling by 90.03% against the five-day average. The stock's liquidity remains adequate for trading, but the overall sentiment is negative due to its weak long-term fundamentals and the substantial losses reported.