Why is Olympic Oil Ind. falling/rising?

As of 18-Jul, Olympic Oil Industries Ltd is experiencing a decline in its stock price, currently at Rs 29.00, which reflects a decrease of Rs 1.26 or 4.16%. The stock is close to its 52-week low, just 1.59% away from Rs 28.54, and has underperformed its sector by 3.63% today. Over the past week, the stock has dropped by 6.90%, and its performance over the last month shows a significant decline of 28.75%. Additionally, the stock has been trading below all its moving averages, indicating a bearish trend. The company has a negative book value and a weak long-term fundamental strength, with poor growth in net sales and operating profit over the last five years. The high debt levels further exacerbate the stock's risk profile, contributing to its recent price movement.
In the broader market context, while the Sensex has shown a slight increase of 0.38% over the past month, Olympic Oil Industries Ltd has significantly lagged behind, reflecting a year-to-date decline of 21.83% compared to the Sensex's gain of 4.63%. This stark contrast highlights the stock's underperformance relative to the market. The delivery volume has also fallen sharply, indicating reduced investor participation, which may further pressure the stock price. Overall, the combination of poor financial performance, high debt, and declining investor interest has led to the stock's downward trajectory.