Why is Dharan Infra-EPC falling/rising?

As of 22-Jul, Dharan Infra-EPC Ltd's stock price is currently at 0.41, reflecting a decrease of 0.01 or 2.38%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 8.89% during this period. Additionally, the stock has shown significant underperformance over various time frames, with a year-to-date decline of 52.60% and a one-year decline of 56.15%. The company is facing serious challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a negative growth rate in net sales and operating profit over the last five years. The stock's risk is heightened by a negative EBITDA and poor ability to service its debt, which further dampens investor confidence.
In the broader market context, the Sensex has only decreased by 0.47% over the past week, indicating that Dharan Infra-EPC's short-term performance is significantly worse than the benchmark. While the stock has seen a rise in investor participation with a notable increase in delivery volume, the overall sentiment remains negative due to the company's financial struggles and poor growth prospects. The stark contrast between the stock's performance and the benchmark highlights the challenges faced by Dharan Infra-EPC, contributing to its current downward trajectory.