Why is Impex Ferro Tech falling/rising?

As of 09-Jul, Impex Ferro Tech Ltd's stock price is currently at 2.06, reflecting a decrease of 0.09, or 4.19%. The stock has been underperforming significantly, with a consecutive decline over the last three days resulting in a total drop of 10.43%. It is trading below all key moving averages, indicating a bearish trend. Additionally, the stock has shown weak long-term fundamentals, with net sales declining at an annual rate of 22.72% and operating profit plummeting by 190.42% over the past five years. The lack of declared results in the last six months and a high debt-to-equity ratio further contribute to its negative outlook, leading to a strong sell recommendation.
In the broader market context, Impex Ferro Tech's performance has been notably poor compared to the benchmark, with a one-week return of -8.44% against a slight gain of 0.15% for the Sensex. Over the past year, the stock has generated a return of -44.77%, while the benchmark has increased by 3.96%. This consistent underperformance highlights the stock's struggles in comparison to the overall market, reinforcing the perception of risk among investors, as evidenced by a significant drop in delivery volume and liquidity concerns.