Why is Indo Euro Indch. falling/rising?

As of 24-Jul, Indo Euro Indchem Ltd is currently priced at 12.71, showing no change (0.00%). The stock has underperformed in the short term, with a 1-week return of -1.09% and a 1-month return of -9.34%. Today's performance indicates that the stock has outperformed its sector by 2.18%, but it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a decline in investor participation, with delivery volume falling by 11.71% against the 5-day average. The company is facing significant challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a poor EBIT to Interest ratio of 0.11 and a decline in net sales by 35.12% over the last nine months.
In the broader market context, the stock's performance has been notably poor compared to the benchmark, with a year-to-date return of -21.49% against the Sensex's gain of 5.18%. This underperformance is consistent with the company's negative EBITDA and declining profits, which have fallen by 60% over the past year. The stock's long-term outlook remains bleak, as it has consistently underperformed the BSE500 over the last three years, one year, and three months, indicating a lack of investor confidence and a challenging operational environment.