Why is E-Land Apparel falling/rising?

As of 12-Sep, E-Land Apparel Ltd's stock price is currently at 19.85, reflecting a decline of 0.33, or 1.64%. The stock has underperformed its sector by 1.06% today and has experienced a consecutive fall over the last two days, resulting in a total decline of 3.87%. Additionally, the stock has shown a significant drop in performance over the past week and month, with returns of -4.11% and -33.23%, respectively. Despite a strong year-to-date performance of 58.42%, the company faces challenges such as a negative book value, weak long-term growth, and high debt levels, which contribute to its recent price decline. Furthermore, institutional investor participation has decreased, indicating a lack of confidence in the company's fundamentals.
In the broader market context, the Sensex has gained 1.48% over the past week and 2.08% over the past month, contrasting sharply with E-Land Apparel's negative returns during the same periods. This underperformance against the benchmark highlights the stock's struggles despite its impressive year-over-year return of 54.11%. The overall market has generated negative returns of -3.45% in the last year, yet E-Land's significant drop in recent weeks suggests that investor sentiment is shifting, likely influenced by the company's poor financial results and declining institutional interest.