Why is Manugraph India falling/rising?

As of 18-Nov, Manugraph India Ltd's stock price is currently at 18.07, reflecting a decrease of 0.58, or 3.11%. The stock has underperformed its sector today by 2.86%, and it is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has declined by 7.33%, and it has seen a significant drop in delivery volume, falling by 78.54% against the 5-day average. While the company reported positive net sales growth of 14.42% and has declared favorable results for the last three consecutive quarters, it also faces challenges such as operating losses and weak long-term fundamental strength, which contribute to its recent price decline.
In the broader market context, the stock's performance has been notably poor compared to the benchmark, with a year-to-date return of -15.56% against the Sensex's gain of 8.36%. The stock has consistently underperformed the BSE500 over various time frames, including the last year and three years. Despite the company's recent positive sales growth and operating cash flow, its weak ability to service debt and negative return on equity indicate underlying financial issues that may deter investors, leading to the stock's downward movement.