Why is Eurotex Industri falling/rising?

As of 01-Jul, Eurotex Industries and Exports Ltd is experiencing a decline in its stock price, currently at 15.95, reflecting a decrease of 0.75 or 4.49%. Today's price summary indicates that the stock has underperformed its sector by 3.85%. Despite this, Eurotex is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting some underlying strength. However, the company has a negative book value and weak long-term fundamental strength, with net sales declining at an annual rate of 51.32% over the past five years. While the stock has generated a return of 14.26% over the last year, its profits have risen significantly, indicating a risky investment due to its negative EBITDA and high debt levels.
In the broader market context, Eurotex's short-term performance over the past week shows a gain of 2.90%, which outpaces the Sensex's increase of 2.00%. However, year-to-date, Eurotex has underperformed the benchmark, with a decline of 2.74% compared to the Sensex's gain of 7.11%. This contrast highlights the challenges Eurotex faces despite some positive returns over the longer term. The combination of high debt, negative growth in sales, and the current price decline suggests that investors may be cautious about the stock's future performance, especially in light of its recent underperformance relative to the sector.