Why is EKI Energy falling/rising?

As of 26-Aug, EKI Energy Services Ltd is experiencing a decline in its stock price, currently at Rs 112.00, which reflects a decrease of Rs 3.15 or 2.74%. The stock has underperformed its sector by 0.93% today and has fallen after six consecutive days of gains. It touched an intraday low of Rs 111.6, indicating a downward trend. Over the past week, the stock has shown a slight increase of 1.08%, but it has significantly underperformed over the longer term, with a year-to-date decline of 56.61% and a staggering 67.18% drop over the past year. The company has reported operating losses and negative results for the last two consecutive quarters, which has contributed to its weak long-term fundamental strength and a poor ability to service its debt.
In the broader market context, while the Sensex has shown a slight decline of 1.05% over the past week, EKI Energy's short-term performance has been relatively better, albeit still negative in the long term. The stock's consistent underperformance against the benchmark over the last three years, combined with a significant fall in net sales and negative EBITDA, paints a concerning picture for investors. The company's weak financial health, as evidenced by a negative EBIT to interest ratio and declining delivery volume, further exacerbates the situation, leading to a lack of investor confidence and contributing to the stock's current downward trajectory.