Why is Palred Technolog falling/rising?

As of 31-Jul, Palred Technologies Ltd is experiencing a decline in its stock price, currently at 55.96, which represents a decrease of 1.14 or 2.0%. The stock has been underperforming significantly, having fallen consecutively for the last seven days, resulting in a total drop of 13.5% during this period. Today, it opened with a loss of 2% and has not traded outside this price range. The stock's performance over the past week shows a decline of 9.41%, while it has seen a more substantial drop of 46.65% over the past year. The company has reported negative results for the last nine consecutive quarters, with an operating profit to interest ratio at its lowest and a weak ability to service its debt, contributing to its recent price movement. In the broader market context, the Sensex has only declined by 1.22% over the past week, indicating that Palred Technologies is underperforming relative to the benchmark. While the stock has shown a positive return of 13.46% over the past month, its year-to-date performance remains poor at -28.99%, contrasting sharply with the Sensex's gain of 3.90% during the same period. The company's weak fundamentals, including negative EBITDA and low profitability per unit of shareholders' funds, further exacerbate its stock's decline, making it a risky investment compared to its historical valuations.