Why is Lesha Industries falling/rising?

As of 12-Sep, Lesha Industries Ltd is experiencing a decline in its stock price, currently at 1.13, reflecting a decrease of 0.02 or 1.74%. The stock has underperformed its sector by 1.71% today and is trading below all its moving averages, indicating a bearish trend. Additionally, the delivery volume has significantly dropped by 43.06% compared to the 5-day average, suggesting a lack of investor interest. Over the past year, the stock has generated a return of -50.00%, and its operating cash flow has reached a low of Rs -38.64 Cr, further highlighting its financial struggles. The company is characterized by high debt relative to its earnings, with a Debt to EBITDA ratio of 4.52 times, and a low return on equity of 1.92%, indicating weak profitability and long-term fundamental strength.
In the broader market context, Lesha Industries has consistently underperformed against the benchmark, with a 1-week return of -1.74% compared to the Sensex's gain of 1.48%. This trend of underperformance has persisted over the last three years, where the stock has generated a staggering -89.37% return while the benchmark has risen by 36.25%. The company's ongoing operating losses and negative EBITDA position it as a risky investment, further contributing to its declining stock price amidst a market that has shown resilience and growth.