Why is Indo Euro Indch. falling/rising?

As of 15-Jul, Indo Euro Indchem Ltd's stock price is currently at 13.00, reflecting a decrease of 0.08, or 0.61%. The stock has underperformed significantly, with a 1-week return of -11.50% compared to the Sensex's -1.36%. Additionally, it has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The company is facing operating losses and has shown weak long-term fundamental strength, with an annual growth rate of only 1.36% over the last five years. The negative EBITDA and a poor EBIT to Interest ratio of 0.11 further highlight the company's financial struggles, contributing to the stock's recent decline.
In the broader market context, the stock's performance has been notably poor compared to the benchmark indices. While the Sensex has gained 1.79% over the past month, Indo Euro Indchem Ltd has seen a decline of 7.54% during the same period. This underperformance is compounded by the company's flat results for the quarter ending March 25, where net sales dropped by 35.12%. Despite a rise in delivery volume, indicating increased investor participation, the overall sentiment remains negative due to the company's weak financials and inability to generate sustainable profits, reinforcing the stock's downward trajectory.