Why is Incon Engineers falling/rising?

As of 02-Jul, Incon Engineers Ltd is experiencing a decline in its stock price, currently at Rs 11.14, which reflects a decrease of Rs 0.05 or 0.45%. The stock has underperformed significantly, with a 1-week return of -5.35%, a 1-month return of -13.98%, and a year-to-date decline of -14.83%. Additionally, the stock is trading close to its 52-week low, just 1.8% above Rs 10.94. The performance today has also been disappointing, underperforming its sector by 0.58%. The stock's trading activity has been erratic, with a notable drop in delivery volume, which fell by 97.99% against the 5-day average. Furthermore, Incon Engineers has consistently underperformed against the benchmark BSE500 over the last three years, indicating a weak long-term fundamental strength due to negative book value and high debt levels.
In the broader market context, the Sensex has shown resilience with a 1-week gain of 0.79% and a 1-month increase of 2.50%, contrasting sharply with Incon Engineers' negative returns. This divergence highlights the stock's struggles in a generally positive market environment. The company's poor financial health, characterized by declining net sales and operating profit, coupled with a negative EBITDA, further exacerbates its underperformance. The lack of investor participation and liquidity issues also contribute to the stock's downward trajectory, making it a risky investment compared to its historical valuations.