Why is EKI Energy falling/rising?

As of 11-Jun, EKI Energy Services Ltd is experiencing a decline in its stock price, currently at 124.45, which reflects a decrease of 2.5 or 1.97%. The stock has been underperforming, having lost 11.27% over the last six days, and it has consistently underperformed against the benchmark, with a one-week return of -9.46% compared to the Sensex's +1.87%. The stock's performance today has been particularly weak, underperforming its sector by 2.1%. Additionally, the company has reported significant operating losses, with a negative return on capital employed (ROCE) and a poor EBIT to interest ratio, indicating challenges in servicing its debt. Promoter confidence has also waned, as evidenced by a 4.78% reduction in their stake, further contributing to the stock's downward pressure.
In the broader market context, the stock's short-term performance starkly contrasts with the benchmark, as it has not only underperformed over the past week but also over the last year, generating a return of -60.93% compared to the Sensex's +7.92%. This consistent underperformance over multiple periods highlights the company's struggles and the market's lack of confidence in its recovery. The falling investor participation, with a significant drop in delivery volume, suggests that market sentiment remains negative, reinforcing the stock's declining trajectory amidst a generally more stable market environment.