Why is Laffans Petroch falling/rising?

As of 20-Jun, Laffans Petrochemicals Ltd is experiencing a decline in its stock price, currently at 29.70, reflecting a decrease of 0.7 or 2.3%. The stock has underperformed its sector by 3% today and has been on a downward trend for the last three days, accumulating a total loss of 9.09% during this period. Additionally, the stock has shown significant underperformance over various time frames, with a year-to-date decline of 46.00% and a one-year return of -28.83%. The company is also facing operational challenges, including weak long-term fundamental strength, as indicated by its negative EBIT to interest ratio and reported operating losses, which contribute to its recent price movement.
In the broader market context, Laffans Petrochemicals Ltd's performance contrasts sharply with the Sensex, which has gained 1.59% over the past week and 5.46% year-to-date. This consistent underperformance against the benchmark over the last three years highlights the stock's struggles. Despite a rise in investor participation, as evidenced by a significant increase in delivery volume, the overall sentiment remains negative due to the company's financial difficulties, including a negative EBITDA and poor debtor turnover ratio. These factors collectively contribute to the stock's downward trajectory in a market that is otherwise showing positive trends.