Why is Incon Engineers falling/rising?

As of 18-Jul, Incon Engineers Ltd is experiencing a decline in its stock price, currently at Rs 10.31, which reflects a decrease of Rs 0.49 or 4.54%. The stock has underperformed its sector by 3.77% today and is currently 4.95% away from its 52-week low of Rs 9.8. Over the past week, the stock has shown a slight increase of 0.29%, but it has significantly underperformed over the longer term, with a year-to-date decline of 21.18% and a one-year return of -32.61%. The company has a negative book value and a weak long-term fundamental strength, with net sales and operating profit declining over the past five years. Additionally, the stock has seen a drastic fall in investor participation, with delivery volume dropping by 98.31% against the five-day average.
In the broader market context, the Sensex has shown a slight increase of 0.38% over the past month, contrasting with Incon Engineers' significant decline of 13.65% during the same period. This consistent underperformance against the benchmark, along with a high debt-to-equity ratio and negative EBITDA, indicates that the stock is trading at risky valuations compared to its historical performance. The company's financial struggles, including flat results and low cash reserves, further contribute to the negative sentiment surrounding the stock, leading to its current downward trajectory.