Why is Impex Ferro Tech falling/rising?

As of 18-Jul, Impex Ferro Tech Ltd's stock price is currently at 2.11, reflecting a decrease of 0.01, or 0.47%. The stock has recently experienced a trend reversal, falling after three consecutive days of gains. It is currently performing inline with its sector, but the delivery volume has significantly decreased by 94.51% compared to the five-day average, indicating falling investor participation. Over the past week, the stock has shown a positive return of 5.50%, although it has underperformed with a year-to-date decline of 28.23%. The company has not declared results in the last six months, and its long-term fundamentals appear weak, with net sales declining at an annual rate of 22.72% and operating profit plummeting by 190.42% over the last five years.
In the broader market context, the Sensex has shown a slight increase of 0.38% over the past month, contrasting with Impex Ferro Tech's significant decline. The stock has consistently underperformed against the benchmark, generating a return of -38.48% over the last year while the Sensex has gained 0.51%. This consistent underperformance, coupled with high debt levels and a lack of recent financial results, contributes to the stock's current downward trajectory. The overall market sentiment appears to be cautious, particularly for stocks like Impex Ferro Tech that exhibit weak fundamentals and declining investor interest.