Why is Indo Euro Indch. falling/rising?

As of 16-Jul, Indo Euro Indchem Ltd's stock price is currently at 12.91, reflecting a decrease of 0.09 or 0.69%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 1.3%. It is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 4.51%, while its year-to-date performance shows a significant drop of 20.26%. The company's financial health is concerning, with operating losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of 0.11. Additionally, the stock has generated a return of -6.11% over the past year, with profits plummeting by 60%, further contributing to its negative outlook.
In the broader market context, the Sensex has experienced a slight decline of 1.08% over the past week, indicating that the market is facing some headwinds as well. However, Indo Euro Indchem Ltd's performance is notably worse than the benchmark, particularly in the short term. While the stock has seen a significant increase in delivery volume, suggesting some investor interest, the overall fundamentals remain weak, leading to a bearish sentiment around the stock. The company's flat results and negative EBITDA position it unfavorably compared to both its historical performance and the broader market trends.