Why is Impex Ferro Tech falling/rising?

As of 07-Jul, Impex Ferro Tech Ltd's stock price is currently at 2.19, reflecting a decrease of 0.11 or 4.78%. The stock has underperformed its sector today by 5.23%, with a delivery volume that has significantly dropped by 71.08% compared to the 5-day average. Over the past week, the stock has seen a decline of 8.37%, while it has experienced a substantial drop of 25.51% year-to-date and 40.16% over the past year. The company has not declared results in the last six months, which raises concerns about its long-term fundamental strength. Additionally, the company has reported negative growth in net sales and operating profit over the last five years, contributing to its weak performance.
In the broader market context, the Sensex has only decreased by 0.20% over the past week, indicating that Impex Ferro Tech's decline is more pronounced than the overall market trend. While the stock has shown some positive movement over the last month with a 1.39% increase, it remains significantly behind the benchmark's 6.79% year-to-date return. The consistent underperformance against the benchmark over the last three years, coupled with the company's high debt levels and lack of recent financial results, suggests a challenging environment for the stock, leading to its current downward trajectory.