Why is Flexituff Vent. falling/rising?

As of 01-Jul, Flexituff Ventures International Ltd is experiencing a decline in its stock price, currently at 38.98, which reflects a decrease of 0.79 or 1.99%. The stock has underperformed its sector by 1.45% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 3.94% during this period. Despite a notable annual return of 26.44%, the company has reported negative results for the last 11 consecutive quarters, with a significant loss of Rs -43.36 crore in the latest six months. Additionally, the company’s high debt levels, indicated by a Debt-Equity Ratio of 15.34 times and a low Return on Equity of 0.62%, contribute to its weak long-term fundamental strength, further impacting investor sentiment negatively.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has declined by 5.85% over the past week while the Sensex has increased by 2.00%. The stock's liquidity appears to be diminishing, with a drastic drop in delivery volume by 93.92% compared to the five-day average, indicating falling investor participation. The high percentage of pledged promoter shares, at 77%, adds to the risk, particularly in a declining market, which can exert additional downward pressure on the stock price. Overall, these factors suggest a challenging environment for Flexituff Ventures, leading to its current price decline.