Why is Manor Estates falling/rising?

As of 25-Jul, Manor Estates & Industries Ltd is experiencing a decline in its stock price, currently at 5.93, reflecting a decrease of 0.27 or 4.35%. The stock has underperformed its sector by 1.48% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 8.77%. Over the past week, the stock has seen a significant decline of 17.41%, and its year-to-date performance shows a staggering decrease of 60.33%. Despite generating a modest return of 3.49% over the past year, the company has a negative book value and is considered risky due to its high debt levels and weak long-term fundamentals. The company's inconsistent trading activity, with one day of no trades in the last 20 days, further contributes to its volatility.
In the broader market context, the Sensex has only fallen by 0.36% over the past week, indicating that Manor Estates is significantly underperforming compared to the benchmark. The textile sector, in which the company operates, has also seen a decline of 2.97%. While there has been a rise in investor participation, as evidenced by a 43.08% increase in delivery volume, the overall sentiment remains negative due to the company's weak financial health and poor growth prospects. The stock's performance relative to the benchmark and sector highlights its struggles, reinforcing the perception of it being a strong sell.