Why is Olympic Oil Ind. falling/rising?

As of 10-Jul, Olympic Oil Industries Ltd is experiencing a decline in its stock price, currently at Rs. 28.54, which reflects a decrease of Rs. 1.36 or 4.55%. The stock has hit a new 52-week low today and has been on a downward trend, losing 7.01% over the last two days. Despite opening with a gain of 3.34% today and reaching an intraday high of Rs. 31.39, it ultimately fell to its day's low of Rs. 28.54. The stock has underperformed its sector by 5.15% today and has shown significant negative returns over various periods, including a 48.60% decline over the past year. The company's weak long-term fundamentals, characterized by a negative book value, high debt levels, and poor growth metrics, contribute to the stock's recent struggles.
In the broader market context, Olympic Oil Industries Ltd's performance has been significantly worse than the benchmark, with a 1-week return of -14.32% compared to the Sensex's -0.06%. The stock's long-term performance is also concerning, as it has underperformed the BSE500 over the last three years, one year, and three months. The falling investor participation, indicated by a dramatic drop in delivery volume, further exacerbates the stock's challenges. Overall, the combination of poor financial health, negative market sentiment, and underperformance relative to benchmarks has led to the stock's current decline.