Why is Lesha Industries falling/rising?

As of 18-Sep, Lesha Industries Ltd is experiencing a decline in its stock price, currently at 1.14, which reflects a decrease of 0.02 or 1.72%. The stock has underperformed its sector by 2.12% today and is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 0.87%, and it has shown significant underperformance over longer periods, with a year-to-date decline of 28.75% and a staggering 49.78% drop over the past year. The company is facing operational challenges, including negative EBITDA and high debt levels, which contribute to its weak long-term fundamental strength. Additionally, the stock's return on equity is low, and it has consistently underperformed against the benchmark over the last three years.
In the broader market context, while the Sensex has gained 1.80% over the past week, Lesha Industries has seen a decline, highlighting its struggles relative to the market. The company’s liquidity appears adequate for trading, but the significant operating losses and a high debt-to-EBITDA ratio raise concerns among investors. Despite a rise in delivery volume, indicating some investor interest, the overall sentiment remains negative due to the company's financial instability and poor historical performance. This combination of factors contributes to the stock's downward movement in a market that is otherwise showing positive trends.