Why is EKI Energy falling/rising?

As of 23-Sep, EKI Energy Services Ltd is experiencing a decline in its stock price, currently at 115.50, which reflects a decrease of 0.7 or 0.6%. The stock has underperformed its sector today by 0.6%, and while it is trading higher than its 20-day moving average, it remains below the 5-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a return of -2.37%, contrasting with a slight decline of 0.34% in the Sensex. The company has reported significant operating losses and a weak ability to service its debt, evidenced by a poor EBIT to Interest ratio of -20.65. Additionally, the company has declared negative results for the last two consecutive quarters, with net sales falling by 15.02%, leading to a very negative outlook.
In the broader market context, EKI Energy's performance has been consistently underwhelming, with a staggering decline of 63.53% over the past year compared to a modest drop of 3.33% in the Sensex. This consistent underperformance against the benchmark over the last three years highlights the company's struggles, particularly as it has reported negative returns while the broader market has seen gains. The stock's liquidity remains adequate for trading, but the overall sentiment is clouded by the company's weak fundamentals and negative EBITDA, making it a risky investment in the current market environment.