Why is Dhatre Udyog falling/rising?

As of 17-Jul, Dhatre Udyog Ltd's stock price is currently at 7.15, reflecting a decrease of 0.17, or 2.32%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 4.03% over that period. It is trading below all key moving averages, indicating a bearish trend. Despite a rise in delivery volume by 26.24% on 16 July, the stock's overall performance remains poor, with a staggering 58.31% decline in returns over the past year and a significant drop in profits by 52.2%. The company also has weak long-term fundamentals, as it has not declared results in the last six months, and its net sales have decreased at an annual rate of 17.36% over the last five years.
In the broader market context, Dhatre Udyog's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has gained 0.83% over the past month. The stock's negative trajectory is compounded by its high debt levels and low profitability, with a debt-to-equity ratio that raises concerns among investors. While the stock is trading at a discount compared to its peers, the overall sentiment remains negative due to the company's inability to generate positive returns and the lack of growth in net sales. This combination of factors contributes to the stock's continued decline in value.