Why is Indian Terrain falling/rising?

As of 26-Sep, Indian Terrain Fashions Ltd's stock price is currently at Rs 32.05, reflecting a decline of -1.19 or -3.58%. The stock has been on a downward trend, having underperformed its sector by -2.03% today and experiencing a consecutive fall over the last four days, resulting in a total drop of -9.85% during this period. The stock has also touched an intraday low of Rs 31.52, indicating significant selling pressure. Over the past week, the stock has seen a return of -9.16%, while its performance over the last year shows a staggering decline of -43.18%. Despite a slight increase in institutional investor participation, which has risen by 0.63% to a total of 5.75% ownership, the company's weak long-term fundamentals, including a low Return on Capital Employed (ROCE) of 3.02% and negative operating profits, continue to weigh heavily on investor sentiment.
In the broader market context, Indian Terrain's recent performance contrasts sharply with the benchmark, as the Sensex has only declined by -2.66% over the past week. This consistent underperformance against the benchmark over the last three years, combined with a poor EBIT to Interest ratio of 0.06 and flat results in June 2025, indicates significant challenges for the company. The stock's liquidity remains adequate for trading, but the overall negative operating profits and weak growth prospects have led to a perception of risk among investors, contributing to the stock's downward trajectory.