Why is Indian CardCloth falling/rising?

As of 26-Jun, Indian Card Clothing Company Ltd's stock is currently priced at Rs 316.90, reflecting a decline of Rs 13.1 or 3.97%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 4.88% during this period. Today's trading activity indicates a low point of Rs 314.3, with a weighted average price suggesting that more volume was traded closer to this low. Additionally, the stock has shown mixed performance over different time frames, with a notable 12.10% increase over the past week, but a significant 8.49% decline over the past month. The company's financial health is concerning, as it has reported operating losses and a weak ability to service its debt, contributing to its negative EBITDA and poor long-term fundamental strength.
In the broader market context, the Sensex has increased by 2.94% over the past week, contrasting with Indian Card Clothing's recent performance. While the stock has generated a return of 13.26% over the past year, its profits have risen significantly, indicating a potential disconnect between stock performance and underlying financial health. The company's weak EBIT to interest ratio and negative return on capital employed (ROCE) suggest that investors may be cautious, leading to decreased participation in trading, as evidenced by a 48.7% drop in delivery volume compared to the five-day average. Overall, the combination of recent losses, declining investor interest, and poor financial metrics appears to be driving the stock's downward movement.