Why is Empower India falling/rising?

As of 18-Aug, Empower India Ltd's stock price is currently flat at Rs. 1.32, showing no change (0.00%). The stock has recently hit a new 52-week low of Rs. 1.06 and has underperformed its sector by 1.85%. Over the past week, the stock has declined by 5.71%, and in the last month, it has fallen by 13.16%. The company's performance has been poor, with a negative return on equity of 1.03% and a significant decline in operating profit over the last five years. Additionally, the company reported negative results in June, with a 65.89% drop in profit after tax and a 14% decrease in net sales compared to previous quarters. Despite a low debt-to-equity ratio, the overall management efficiency and profitability are concerning, contributing to the stock's downward trend.
In the broader market context, the Sensex has shown a positive return of 0.83% over the past week, contrasting sharply with Empower India's decline. The stock has underperformed the benchmark significantly, with a year-to-date return of -34.00% compared to the Sensex's gain of 4.01%. This stark difference highlights the challenges Empower India faces in attracting investor confidence, especially given its poor long-term growth prospects and negative EBITDA. While there has been a notable increase in investor participation, the overall sentiment remains negative, reflecting the stock's risky position in the market.