Why is Patidar Buildcon falling/rising?

As of 20-Jun, Patidar Buildcon Ltd's stock price is currently at Rs. 8.00, reflecting a decrease of Rs. 0.16 or 1.96%. The stock has recently hit a new 52-week low and has underperformed its sector by 2.78%. Over the past week, the stock has declined by 5.88%, and it has shown a significant drop of 22.71% over the past month. The company's performance has been characterized by erratic trading, with the stock not trading on one day out of the last 20 days. Additionally, the stock is trading below all key moving averages, and there has been a drastic decline in investor participation, with delivery volume falling by 97.63% compared to the five-day average. The company is facing significant challenges, including operating losses and a weak long-term fundamental strength, as evidenced by negative growth in net sales and operating profit over the last five years.
In the broader market context, while the Sensex has gained 1.59% over the past week, Patidar Buildcon's performance has sharply diverged, indicating a significant underperformance relative to the benchmark. The stock has consistently lagged behind the BSE 500 over the last three years, with a return of -13.42% in the past year compared to the benchmark's positive performance. The company's financial health is concerning, with a negative EBITDA and a poor ability to service its debt, further contributing to its declining stock price. Overall, the combination of weak operational performance, declining investor interest, and consistent underperformance against market benchmarks has led to the stock's downward trajectory.