Why is Manugraph India falling/rising?

As of 29-Jul, Manugraph India Ltd's stock price is currently at 19.35, reflecting a decline of 0.64, or 3.2%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total return of -5.33% over the past week. Additionally, the stock's performance has been weak over the past month, with a decline of 5.61%. Key financial indicators reveal that the company is facing significant challenges, including operating losses and a negative EBITDA, which contribute to its weak long-term fundamental strength. The company's net sales have decreased at an annual rate of -13.28% over the last five years, and its ability to service debt is compromised by a poor EBIT to Interest ratio of -6.63.
In the broader market context, while the Sensex has experienced a slight decline of 1.03% over the past week, Manugraph India has significantly underperformed this benchmark. The stock's year-to-date performance shows a decline of 9.58%, contrasting sharply with the Sensex's gain of 4.09%. This consistent underperformance against the benchmark, coupled with the company's erratic trading patterns and the recent increase in investor participation, indicates a lack of confidence among investors. Overall, the combination of weak financial performance and negative market sentiment has led to the stock's downward movement.