Why is Electrotherm(I) falling/rising?

As of 04-Jul, Electrotherm (India) Ltd is experiencing a decline in its stock price, currently at Rs 1,077.00, reflecting a decrease of Rs 19.0 or 1.73%. The stock has been underperforming, having fallen consecutively for the last six days, resulting in a total decline of 14.21% during this period. Additionally, the stock has underperformed its sector by 1.95% today. Despite a strong long-term performance, with a 41.07% return over the past year and significant gains over three years, the company faces challenges such as a negative book value, weak long-term fundamental strength, and declining quarterly results, which have contributed to the recent price drop.
In the broader market context, the stock's short-term performance contrasts sharply with the benchmark, as it has declined by 10.55% over the past week while the Sensex has only fallen by 0.74%. This significant underperformance indicates investor concerns regarding the company's financial health, particularly given its high debt levels and poor growth metrics. The falling investor participation, evidenced by a decrease in delivery volume, further suggests a lack of confidence among traders. Overall, while Electrotherm has shown strong long-term returns, the current negative trends and financial instability are driving its recent stock price decline.