Why is Incon Engineers falling/rising?

As of 03-Nov, Incon Engineers Ltd is experiencing a decline in its stock price, currently at 14.36, reflecting a decrease of 0.74 or 4.9%. The stock has underperformed its sector by 5.63% today and has been on a consecutive downward trend for the last three days, resulting in a total drop of 9.63% during this period. Despite a positive year-to-date return of 9.79%, the stock's recent performance has been weak, with a 3.17% decline over the past week. Additionally, the company has a negative book value and weak long-term fundamentals, evidenced by stagnant net sales growth and a high debt-to-equity ratio, which contribute to the stock's current downward movement.
In the broader market context, the Sensex has shown a slight decline of 0.94% over the past week, indicating a relatively stable market environment compared to the stock's sharper decline. While the stock has outperformed the benchmark over the past month with a return of 1.56% versus the Sensex's 3.41%, the recent underperformance suggests a growing concern among investors, as indicated by a significant drop in delivery volume. The stock's liquidity remains adequate, but the overall negative sentiment surrounding its financial health and performance metrics has likely contributed to the recent price drop.