Why is Impex Ferro Tech falling/rising?

As of 11-Jul, Impex Ferro Tech Ltd's stock is currently priced at 2.00, reflecting a decrease of 0.1, or 4.76%. The stock has underperformed its sector today by 3.71%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Notably, the delivery volume has significantly dropped by 95.19% compared to the 5-day average, indicating a lack of investor interest. Over the past week, the stock has declined by 13.04%, and it has seen a substantial year-to-date drop of 31.97%. The company's long-term fundamentals are weak, with net sales decreasing at an annual rate of 22.72% and operating profit declining by 190.42% over the last five years. Additionally, the company has not declared results in the last six months, and its recent PAT has fallen by 9.7%, contributing to the stock's negative sentiment.
In the broader market context, the Sensex has only decreased by 1.12% over the past week, indicating that Impex Ferro Tech's decline is more pronounced than the overall market trend. The stock has consistently underperformed against the benchmark, generating a return of -45.80% over the past year while the Sensex has increased by 3.26%. This consistent underperformance, coupled with high debt levels and a lack of recent financial disclosures, positions the stock as a risky investment, further explaining its downward trajectory in the market.