Why is Incon Engineers falling/rising?

As of 01-Jul, Incon Engineers Ltd is currently priced at Rs 11.19, showing no change (0.00%). The stock has been underperforming significantly, with a 1-month return of -13.72% and a year-to-date return of -14.45%. Today's performance indicates that the stock is close to its 52-week low, being only 2.23% away from Rs 10.94. Additionally, the stock has shown erratic trading patterns, not trading on one day out of the last 20 days, and is trading below all key moving averages. The delivery volume has also seen a drastic decline of 87.4% compared to the 5-day average, indicating falling investor participation. The company's negative book value and weak long-term fundamentals, including a high debt-to-equity ratio and declining net sales, further contribute to the stock's poor performance.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has gained 2.76% over the past month. This consistent underperformance against the benchmark is evident over the last three years, where the stock has generated negative returns of -28.32%, while the broader market has seen positive growth. The company's weak financial health, characterized by negative EBITDA and low cash reserves, adds to the risk associated with the stock, making it a strong sell in the current market environment.