Why is EKI Energy falling/rising?

As of 01-Sep, EKI Energy Services Ltd is currently priced at 112.45, reflecting a slight increase of 0.25 or 0.22%. However, the stock has shown significant underperformance, with a 1-week return of -2.34% and a staggering year-to-date decline of -56.43%. Today's price summary indicates that EKI Energy is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 23.95% compared to the 5-day average. The company is facing serious challenges, including operating losses and a weak ability to service its debt, which is reflected in its negative return on capital employed (ROCE) and a significant drop in net sales of 15.02%.
In the broader market context, while the Sensex has shown a slight increase of 2.85% year-to-date, EKI Energy's performance has been consistently poor, underperforming the benchmark over the last three years. The stock's returns have been negative across various time frames, with a 1-year return of -66.14%, indicating a persistent trend of underperformance. This consistent decline, coupled with the company's negative financial results and weak fundamentals, positions EKI Energy as a risky investment, further contributing to its lack of appeal in the current market environment.