Why is Madhav Marbles falling/rising?

As of 29-Jul, Madhav Marbles and Granites Ltd is currently priced at 44.51, reflecting a decrease of 0.11 or 0.25%. The stock has been experiencing a downward trend, having lost 3.68% over the last two days and showing negative returns of 6.47% over the past month. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent decline in price. Additionally, the company is facing significant challenges, including operating losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of -2.57. The stock has consistently underperformed against the benchmark, with a 22.99% decline year-to-date compared to a 4.09% gain in the Sensex.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, as it has declined by 3.24% over the past week while the Sensex fell only 1.03%. This underperformance is compounded by a decrease in investor participation, with delivery volumes falling by 1.29% against the 5-day average. The company's financial health is concerning, with negative EBITDA and a significant drop in net sales, which fell by 33.82%. These factors contribute to a perception of risk surrounding the stock, reinforcing its classification as a strong sell.