Why is Flexituff Vent. falling/rising?

As of 29-Jul, Flexituff Ventures International Ltd is experiencing a decline in its stock price, currently at 34.45, which reflects a decrease of 0.34 or 0.98%. The stock has underperformed its sector by 2.11% today and has shown erratic trading patterns, not trading on one day out of the last 20. Its performance over the past week is down by 1.99%, and it has significantly underperformed the benchmark Sensex over various periods, including a year-to-date decline of 51.25% compared to the Sensex's gain of 4.97%. The company has reported negative results for the last 11 consecutive quarters, with a high debt-to-equity ratio of 15.34 times and a negative EBITDA, indicating weak long-term fundamental strength and a low ability to service its debt.
In the broader market context, while the stock has underperformed the Sensex, which has shown a slight decline of 0.96% over the past week, Flexituff's performance is notably worse, reflecting broader concerns about its financial health. The company's high level of pledged promoter shares adds to the downward pressure on the stock, especially in a falling market. Additionally, the significant drop in delivery volume by 55.48% against the 5-day average suggests a lack of investor confidence, further contributing to the stock's decline. Overall, the combination of poor financial results, high debt levels, and negative market sentiment has led to the stock's recent downward movement.