Why is Omaxe falling/rising?

As of 23-Sep, Omaxe Ltd's stock price is currently at 85.75, experiencing a slight decline of -0.04, which represents a decrease of -0.05%. The stock has been underperforming recently, with a consecutive fall over the last two days, resulting in a total drop of -0.51%. Additionally, Omaxe has shown negative returns over various periods, including a -5.23% decline over the past month and a significant -22.68% year-to-date. The company is trading below its moving averages across multiple time frames, indicating a bearish trend. Furthermore, the company faces challenges such as a negative book value, poor long-term growth, and a high debt-to-EBITDA ratio, which contribute to its weak fundamental strength.
In the broader market context, Omaxe's recent performance has been slightly worse than the benchmark, with a -0.41% return over the past week compared to the Sensex's -0.34%. While there has been a rise in investor participation, as evidenced by a 25.5% increase in delivery volume, the overall sentiment remains cautious due to falling participation from institutional investors and the company's negative financial indicators. The stock's long-term performance has also been disappointing, with a -25.98% return over the past year, further exacerbating investor concerns and contributing to its current price decline.