Why is Indag Rubber falling/rising?

As of 25-Jul, Indag Rubber Ltd's stock price is currently at Rs 130.70, reflecting a decrease of Rs 3.0 or 2.24%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 4.35%. It is trading below all key moving averages, indicating a bearish trend. Additionally, the stock has shown poor performance over various periods, with a year-to-date decline of 25.89% and a staggering 42.71% drop over the past year. The company's financial health is concerning, as it has reported negative operating profits and a significant decline in net sales, contributing to its classification as a strong sell.
In the broader market context, while the Sensex has experienced a slight decline of 0.36% over the past week, Indag Rubber's performance has been notably worse with a 3.86% drop in the same timeframe. This underperformance is compounded by a substantial decrease in investor participation, with delivery volumes falling by 70.83% compared to the five-day average. The stock's risk profile is elevated due to its negative operating profits and a significant drop in profits over the past year, which has led to a lack of investor confidence and further contributed to its declining price.