Why is Ind-Agiv Commer. falling/rising?

As of 01-Sep, Ind-Agiv Commerce Ltd is experiencing a decline in its stock price, currently at Rs 89.06, reflecting a decrease of 4.68 points or 4.99%. Today's price summary indicates that the stock underperformed its sector by 7.51%, opening with a loss of 4.99% and touching an intraday low of Rs 89.06. The stock has shown erratic trading patterns, not trading on four out of the last twenty days, and has seen a significant drop in investor participation, with delivery volume falling by 99.12% against the five-day average. The company also has a negative book value and weak long-term fundamentals, with net sales declining at an annual rate of 21.99% and a high debt-to-equity ratio of 2.75 times, contributing to the stock's recent downward movement.
In the broader market context, the stock's one-week return of -4.05% contrasts with the Sensex, which has decreased by only 1.56% during the same period. This indicates that Ind-Agiv Commerce Ltd is underperforming relative to the market benchmark. While the sector has gained by 2.49%, the company's poor financial health and negative EBITDA position it as a risky investment, further exacerbating its price decline. Overall, the combination of weak fundamentals, declining sales, and reduced investor interest has led to the stock's current downward trajectory.