Why is Integra Essentia falling/rising?

As of 04-Aug, Integra Essentia Ltd's stock price is currently at Rs. 1.99, reflecting a decrease of Rs. 0.01 or 0.5%. The stock has recently hit a new 52-week low of Rs. 1.98 and has been on a downward trend, having fallen consecutively for the last two days, resulting in a total decline of 2.93%. Over the past week, the stock has underperformed the sector by 0.84% and has shown significant negative returns, with a 1-month decline of 9.55% and a staggering 50.25% drop over the past year. The company's weak financial fundamentals, highlighted by a 74.6% decrease in profits and a poor EBIT to Interest ratio, contribute to its negative performance. Despite a very attractive valuation indicated by a ROCE of 0.7 and trading at a discount compared to peers, the stock's long-term growth prospects appear weak, leading to its current decline.
In the broader market context, the Sensex has shown a slight increase of 0.16% over the past week, contrasting with Integra Essentia's negative return of 1.97% during the same period. This consistent underperformance against the benchmark, along with a significant decline in operating profits over the last five years, underscores the challenges faced by the company. The stock's liquidity remains adequate for trading, but the overall sentiment is dampened by the company's inability to generate positive returns and the negative trends in its financial health, which have led to a lack of investor confidence.