Why is Donear Inds. falling/rising?

As of 24-Sep, Donear Industries Ltd is experiencing a decline in its stock price, currently at Rs. 95.00, reflecting a decrease of Rs. 1.16 or 1.21%. The stock has hit a new 52-week low of Rs. 91.81 today, opening with a significant loss of 4.52%. It has underperformed its sector by 0.78% and is trading below all major moving averages, indicating a bearish trend. Over the past week, the stock has declined by 2.27%, and its year-to-date performance shows a substantial drop of 38.09%. While the stock has attractive valuations with a Return on Capital Employed (ROCE) of 11.3, it has also faced negative factors such as a 57.80% decline in profit after tax and a high Debt to EBITDA ratio of 6.91 times, contributing to its recent poor performance.
Broader market context indicates that Donear Industries Ltd has underperformed compared to the benchmark Sensex, which has seen a slight increase of 0.50% over the past month. The stock's year-long decline of 21.75% starkly contrasts with the market's negative return of only 3.77%, highlighting its struggles in a challenging economic environment. Additionally, the falling investor participation, with a 45.28% drop in delivery volume, suggests waning interest in the stock, further exacerbating its price decline. Overall, the combination of weak fundamentals, poor recent performance, and unfavorable market conditions has led to the stock's current downward trajectory.