Why is Ecoboard Inds. falling/rising?

As of 12-Aug, Ecoboard Industries Ltd is experiencing a decline in its stock price, currently at 29.30, which reflects a decrease of 0.18 or 0.61%. Despite outperforming its sector by 0.66% today, the stock has shown a mixed performance in the short term, with a 4.46% increase over the past week, but a significant 6.84% decrease over the past month. The stock is trading above its 5-day moving average but below its longer-term moving averages, indicating some volatility. The company is facing challenges, including a negative book value and a weak long-term fundamental strength, as evidenced by its reported losses and negative net worth. Additionally, the company has a high debt-to-equity ratio and has not shown growth in operating profit over the last five years, which raises concerns for investors.
In the broader market context, while the Sensex has decreased by 0.59% over the past week, Ecoboard Industries Ltd's performance has been relatively better in this timeframe. However, the stock has underperformed against the benchmark over longer periods, with a year-to-date decline of 9.90% compared to a 2.68% increase in the Sensex. The company's negative EBITDA and poor long-term growth prospects contribute to its risky profile, which may deter potential investors and lead to further declines in stock price. Overall, the combination of weak financial fundamentals and underperformance relative to the market suggests a challenging environment for Ecoboard Industries Ltd.