Why is Maris Spinners falling/rising?

As of 15-Jul, Maris Spinners Ltd is experiencing a decline in its stock price, currently at Rs 38.40, which reflects a decrease of 1.57 or 3.93%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total drop of 4.83%. It opened with a loss of 2.43% today and reached an intraday low of Rs 38, indicating weak investor sentiment. Additionally, the stock has shown a mixed performance over various periods, with a 1-week return of 4.80% and a 1-month return of 10.50%, but it has significantly underperformed the sector today by 5.27%. The company has high debt levels and weak long-term fundamental strength, with operating profit declining at an annual rate of 202.63% over the last five years, which raises concerns among investors.
Broader market context indicates that while Maris Spinners has had a positive return of 0.39% over the past year, this is significantly lower than the Sensex's return of 2.36% in the same period. The stock's recent performance contrasts sharply with its historical returns, as it has fallen 44.06% over the last three years, while the Sensex has gained 53.59%. This disparity highlights the stock's struggle to keep pace with broader market trends, further compounded by a drastic decline in delivery volume, which fell by 98.94% against the 5-day average. Overall, the combination of high debt, negative operating profits, and declining investor participation contributes to the stock's current downward trajectory.