Why is Indian CardCloth falling/rising?

As of 16-Sep, Indian Card Clothing Company Ltd's stock price is currently at 277.95, reflecting a decrease of 4.15 (-1.47%). The stock has underperformed its sector today by 2.51%, with delivery volume falling by 30.59% compared to the 5-day average, indicating reduced investor participation. Over the past week, the stock has declined by 2.47%, and it has shown a significant year-to-date drop of 16.03%. The company is facing operational challenges, including reported losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of -3.69. Additionally, the company’s negative return on capital employed (ROCE) and low inventory turnover ratio further highlight its struggles, contributing to the stock's downward movement.
In the broader market context, the Sensex has increased by 1.58% over the past week, contrasting sharply with Indian Card Clothing Company's decline. This underperformance is further emphasized by the stock's negative returns over various periods, including a 3.49% drop in the last year, while the benchmark has remained relatively stable with a -0.73% change. The company's weak long-term fundamentals and negative EBITDA position it unfavorably against the market, leading to a perception of risk among investors, which is reflected in the stock's current price decline.