Why is Innovative Tech falling/rising?

As of 10-Jul, Innovative Tech Pack Ltd is currently priced at 23.30, reflecting a decrease of 0.14, or 0.6%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 3.92%. Over the past week, the stock has decreased by 6.73%, and its year-to-date performance shows a significant drop of 38.67%. Despite a recent rise in delivery volume, indicating increased investor participation, the stock is trading below its moving averages across various time frames. Additionally, the company has reported a staggering decline in profits, with a year-over-year return of -23.83%, and has been facing operating losses, which contribute to its weak long-term fundamental strength.
In the broader market context, the Sensex has shown a slight increase of 0.97% over the past month, contrasting sharply with Innovative Tech's decline of 11.41% during the same period. This underperformance relative to the benchmark highlights the stock's struggles, particularly as it has lagged behind the BSE500 over the last three years, one year, and three months. The company's weak ability to service its debt, coupled with low profitability metrics, further exacerbates the negative sentiment surrounding the stock, leading to its current downward trajectory.