Why is Debock Industrie falling/rising?

As of 17-Sep, Debock Industries Ltd is currently priced at 1.89, with no change (0.00%). The stock has been trading lower than its moving averages across various time frames, indicating a bearish trend. It is also close to its 52-week low, being only 4.76% away from Rs 1.80. Over the past week, the stock has declined by 0.53%, and it has experienced a significant drop of 68.18% over the past year, underperforming the benchmark Sensex, which has seen a slight decrease of 0.35% in the same period. The company's return on equity is low at 2.3, and it has a price-to-book value of 0.1, suggesting that it is trading at a discount compared to its peers. However, the company has reported operating losses and a significant decline in net sales, which has contributed to its weak long-term fundamental strength.
In the broader market context, the stock's performance has been notably poor compared to the benchmark, with a year-to-date return of -50.78% against the Sensex's gain of 7.13%. The recent decline in delivery volume by nearly 25% against the five-day average indicates falling investor participation, further exacerbating the stock's downward trend. The consistent underperformance against the benchmark over the last three years highlights a lack of investor confidence, which is reflected in the stock's inability to recover despite its attractive valuation metrics. Overall, the combination of weak financial performance, declining investor interest, and significant underperformance relative to the market contributes to the stock's current downward trajectory.