Why is Panyam Cement falling/rising?

As of 10-Jul, Panyam Cements & Mineral Industries Ltd is currently priced at 170.00, with no change in price (0.00%). The stock has shown a slight decline of 0.03% over the past week and a more significant drop of 2.21% over the past month. Despite outperforming its sector by 0.58% today, the stock's delivery volume has decreased by 1.48% compared to the 5-day average, indicating falling investor participation. The company has not declared results in the last six months, which raises concerns about its long-term fundamental strength. Additionally, the stock has underperformed significantly over the past year, with a return of -35.36%, while the market has generated positive returns of 4.09%.
In the broader market context, the stock's performance has been weaker compared to the benchmark, as it has consistently underperformed over various time frames, including a year-to-date decline of 10.53% against a market increase of 6.46%. The company's financial health is concerning, with high debt levels and negative EBITDA, which contribute to its risky trading status. The negative results reported for December 2024, including a significant drop in net sales and profits, further exacerbate the stock's challenges. Overall, the combination of weak fundamentals, declining investor interest, and poor market performance suggests that Panyam Cements is facing significant headwinds.