Why is Indo Euro Indch. falling/rising?

As of 10-Jul, Indo Euro Indchem Ltd is experiencing a decline in its stock price, currently at 13.33, which reflects a decrease of 0.19 or 1.41%. The stock has underperformed its sector by 2.01% today and has been on a consecutive downward trend for the last two days, resulting in a total return drop of 9.26%. Over the past week, the stock has fallen by 9.32%, while its performance over the last month shows a decrease of 9.63%. Additionally, the company has reported operating losses, with a weak long-term fundamental strength indicated by a poor EBIT to Interest ratio of 0.11. The negative EBITDA and flat results in recent quarters, including a significant drop in net sales, have further contributed to the stock's poor performance.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with the Sensex showing a minimal decline of only 0.06% over the same week. The stock's long-term performance is also concerning, as it has generated a return of -17.67% year-to-date, while the Sensex has increased by 6.46% in the same period. This stark contrast highlights the challenges faced by Indo Euro Indchem Ltd, including its inability to service debt effectively and a significant decline in profits over the past year, which have fallen by 60%. Overall, these factors indicate a troubling outlook for the company, leading to its current stock price decline.