Why is Omega Ag Seeds falling/rising?

As of 06-Nov, Omega Ag Seeds (Punjab) Ltd is experiencing a decline in its stock price, currently at 12.12, which reflects a decrease of 0.63 or 4.94%. The stock has underperformed its sector by 4.36% today, and its delivery volume has significantly dropped by 44.18% compared to the 5-day average, indicating a lack of investor interest. Over the past week, the stock has decreased by 9.62%, and it has shown a substantial decline of 43.05% over the past year, while the broader market has generated a modest return of 1.73%. The company is also facing negative sentiment due to flat results reported on June 25, a risky financial position with negative EBITDA, and a notable decrease in promoter confidence, with a 19.49% reduction in their stake.
In the broader market context, the stock's performance has been significantly worse than the benchmark, as it has declined sharply while the Sensex has only fallen by 1.30% over the past week. This stark contrast highlights the stock's struggles relative to the market, particularly as it has underperformed over the last year, with a return of -43.05% compared to the Sensex's positive 3.65%. The combination of declining investor participation, negative financial indicators, and reduced promoter confidence suggests that the stock's recent movement is driven by a lack of confidence in its future performance amidst a generally stable market environment.