Why is Emergent Indust. falling/rising?

As of 26-Sep, Emergent Industrial Solutions Ltd is experiencing a decline in its stock price, currently at Rs 371.90, which represents a decrease of 19.55 points or 4.99%. The stock has been underperforming significantly, having lost 23.61% over the last six days and showing a 40.78% drop over the past month. Despite opening with a gain of 4.74% today and reaching an intraday high of Rs 411, it ultimately fell to its current low. The stock is trading below all key moving averages and has seen a substantial drop in delivery volume, indicating weak investor participation. The company has also reported negative financial results, including a 90.94% decline in net sales and consecutive operating losses, which contribute to its weak long-term fundamental strength.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 2.66% over the past week. While Emergent Industrial Solutions has shown remarkable returns of 233.39% over the past year, this is overshadowed by a significant drop in profitability, with profits falling by 115.2%. The company’s weak ability to service its debt, as indicated by a poor EBIT to Interest ratio, further exacerbates its risk profile. Overall, the combination of negative financial results, declining investor interest, and poor performance relative to the benchmark suggests a challenging environment for the stock.