Why is Indian CardCloth falling/rising?

As of 17-Sep, Indian Card Clothing Company Ltd's stock price is currently at Rs 274.25, reflecting a decrease of Rs 3.7 or 1.33%. The stock has underperformed its sector by 3.25% today and has experienced a consecutive decline over the last two days, with a total drop of 2.78%. In terms of returns, the stock has seen a significant decline of 17.15% year-to-date and a 6.99% drop over the past week, while it has underperformed the BSE500 index over various time frames, including the last three years and one year. The company's financial health is concerning, as it has reported operating losses, a weak EBIT to Interest ratio of -3.69, and negative return on capital employed (ROCE), which contribute to its declining stock performance.
Broader market context shows that while the Sensex has gained 1.56% over the past week, Indian Card Clothing's stock has fallen significantly, indicating a stark contrast in performance. The stock's liquidity appears adequate for trading, but the overall market sentiment is negative due to the company's weak long-term fundamentals and poor recent financial results, including a 55% drop in profit after tax and the lowest inventory turnover ratio recorded. This combination of underperformance against the benchmark and deteriorating financial metrics suggests a challenging environment for the stock, reinforcing its downward trajectory.