Why is Incon Engineers falling/rising?

As of 30-Jun, Incon Engineers Ltd is experiencing a decline in its stock price, currently at Rs 11.19, reflecting a decrease of Rs 0.58 or 4.93%. The stock has underperformed significantly, with a 1-week return of -5.17% and a 1-month return of -13.72%. Today's performance shows that it is trading lower than all key moving averages and is close to its 52-week low, just 2.23% away from Rs 10.94. Additionally, there has been a notable drop in investor participation, with delivery volume decreasing by 0.9% against the 5-day average. The company faces challenges such as a negative book value, high debt levels, and poor long-term growth metrics, which contribute to its weak fundamental strength and risk profile.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 2.09% over the past week and 2.65% over the past month. Incon Engineers has consistently underperformed against the benchmark, with a staggering -31.89% return over the past year, compared to the Sensex's 5.79% gain. This consistent underperformance, coupled with the company's weak financial indicators and declining investor interest, suggests a challenging environment for the stock, reinforcing its status as a strong sell.