Why is Lexoraa Ind falling/rising?

As of 01-Jul, Lexoraa Industries Ltd is experiencing a decline in its stock price, currently at 15.60, reflecting a decrease of 0.23 or 1.45%. The stock has been underperforming recently, having fallen for the last three consecutive days, resulting in a total decline of 3.41%. In terms of returns, while the stock has shown a positive performance over the past week and month at 6.12% and 10.48% respectively, it has significantly underperformed over the year with a drop of 40.41%. The company is facing challenges such as a negative book value, high debt levels, and weak long-term growth, which contribute to its current stock price movement.
In the broader market context, Lexoraa Industries Ltd has underperformed compared to the benchmark, the Sensex, which has generated a return of 5.31% over the past year. Despite the stock's recent short-term gains, the overall negative sentiment surrounding the company's financial health, including a negative EBITDA and poor long-term growth prospects, has led to a decline in investor participation, as evidenced by a 77.09% drop in delivery volume. This combination of factors indicates a challenging environment for the stock, contributing to its current downward trend.