Why is Indian CardCloth falling/rising?

As of 18-Sep, Indian Card Clothing Company Ltd's stock price is currently at 272.70, reflecting a decrease of 1.55, or 0.57%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 3.33% during this period. In terms of returns, the stock has shown a negative performance of 4.93% over the past week and 17.61% year-to-date, while it has underperformed against the BSE500 benchmark in both the short and long term. The company is facing significant challenges, including operating losses and a weak ability to service its debt, which is reflected in its negative ROCE and poor EBIT to Interest ratio. Additionally, the latest financial results indicate a sharp decline in profitability, with a 55% drop in PAT and the lowest net sales recorded.
In the broader market context, the Sensex has increased by 1.80% over the past week and 6.24% year-to-date, highlighting a stark contrast to the stock's performance. This underperformance is compounded by the company's weak long-term fundamental strength and negative EBITDA, which makes it a risky investment compared to its historical valuations. While there has been a rise in investor participation, as evidenced by a 20.92% increase in delivery volume, the overall sentiment remains negative due to the company's financial struggles and lack of growth, leading to a recommendation of a strong sell.