Why is PBM Polytex falling/rising?

As of 28-Jul, PBM Polytex Ltd is experiencing a decline in its stock price, currently at Rs 74.00, which reflects a decrease of Rs 1.9 or 2.5%. The stock has underperformed its sector by 1.61% today and has fallen after two consecutive days of gains. It opened significantly lower today, with a loss of 6.46%, and reached an intraday low of Rs 71. The stock's performance over the past week shows a decline of 3.41%, while it has gained 2.07% over the past month. However, the long-term outlook appears weak, with a staggering -227.70% CAGR growth in operating profits over the last five years and a poor EBIT to Interest ratio of 1.96, indicating challenges in servicing debt. Additionally, the stock has consistently underperformed against the benchmark, with a return of -26.28% over the past year.
In the broader market context, the Sensex has declined by 1.59% over the past week, indicating that the market is also facing downward pressure, albeit less severe than PBM Polytex's performance. The company's weak long-term fundamentals, including a negative EBITDA and low profitability per unit of shareholders' funds, contribute to its risk profile, making it a strong sell. Furthermore, the stock's liquidity is adequate for trading, but the falling investor participation, as evidenced by a 27.85% drop in delivery volume, suggests waning interest among investors. Overall, the combination of poor financial health and underperformance relative to the market has led to the stock's current decline.