Why is Maris Spinners falling/rising?

As of 16-Jul, Maris Spinners Ltd is experiencing a decline in its stock price, currently at 38.01, which reflects a decrease of 0.39 or 1.02%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 5.8% during this period. Additionally, the stock's performance today has underperformed its sector by 1.55%. Despite showing positive results in March, such as the highest return on capital employed and net sales, the company faces significant challenges, including high debt levels and negative operating profits, which contribute to its weak long-term fundamental strength.
In the broader market context, Maris Spinners has shown a short-term return of 1.36% over the past week, outperforming the Sensex, which has declined by 1.08%. However, over the longer term, the stock has consistently underperformed against the benchmark, with a 1-year return of -4.74% compared to the Sensex's 2.38%. This consistent underperformance, coupled with a significant drop in investor participation and liquidity issues, indicates a challenging environment for the stock, reinforcing the perception of risk among investors.