Why is Indag Rubber falling/rising?

As of 22-Sep, Indag Rubber Ltd's stock price is currently at 123.00, reflecting an increase of 0.5 (0.41%). The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it underperformed its sector by 1.01% today. Over the past week, the stock has increased by 0.94%, but it has seen a decline of 2.07% over the past month and a significant drop of 30.25% year-to-date. The company has a low debt-to-equity ratio, which is a positive factor, but it has declared negative results for the last three consecutive quarters, with operating profit declining at an alarming rate of -174.05% over the past five years. This poor performance, coupled with falling investor participation and negative operating profits, contributes to a risky outlook for the stock.
In the broader market context, the Sensex has increased by 0.46% over the past week, indicating that while Indag Rubber has gained slightly, it has still lagged behind the benchmark. The stock's year-to-date performance of -30.25% starkly contrasts with the Sensex's positive return of 5.15% during the same period. Additionally, despite the overall market generating negative returns of -3.80% in the last year, Indag Rubber's return of -45.73% highlights its significant underperformance. This combination of factors suggests that while there may be short-term gains, the long-term outlook remains concerning due to the company's ongoing financial struggles.