Why is EKI Energy falling/rising?

As of 18-Nov, EKI Energy Services Ltd is experiencing a decline in its stock price, currently at Rs 101.45, which reflects a decrease of Rs 5.95 or 5.54%. The stock has been underperforming significantly, having fallen consecutively for the last four days, with a total decline of 7.39% during this period. Today's trading has seen high volatility, with the stock touching an intraday low of Rs 96.7, representing a drop of 9.96%. The company has declared negative results for the last three consecutive quarters, with a notable decline in net sales and a negative profit after tax, contributing to its weak long-term fundamental strength. Additionally, the stock has consistently underperformed against the benchmark, with a year-to-date return of -60.69% compared to the Sensex's gain of 8.36%.
In the broader market context, EKI Energy's short-term performance has been notably poor, with a 1-week return of -7.10% while the Sensex has increased by 0.96%. This stark contrast highlights the company's struggles relative to the overall market. The stock's weak fundamentals, including a negative EBITDA and poor debt servicing ability, further exacerbate its challenges, leading to a perception of risk among investors. Despite a rise in delivery volume, indicating some investor participation, the overall sentiment remains negative due to the company's financial performance and historical underperformance against the benchmark.