Why is Pearl Polymers falling/rising?

As of 26-Jun, Pearl Polymers Ltd's stock price is currently at 31.23, reflecting a decrease of 0.33, or 1.05%. The stock has underperformed its sector by 0.96% today, marking a trend reversal after three consecutive days of gains. Despite a notable increase in delivery volume by 70.29% against the 5-day average, the stock is facing significant challenges, including operating losses and a high Debt to EBITDA ratio of -1.00 times. The company reported a PAT of Rs -4.43 crore, which represents a dramatic decline of 1376.7% compared to the previous four-quarter average, indicating weak long-term fundamental strength and a negative EBITDA. Over the past year, the stock has generated a return of -4.79%, while profits have plummeted by 578%, contributing to its below-par performance in both the long and near term.
In the broader market context, the stock's short-term return over the past week is +7.69%, which is significantly higher than the Sensex's return of +2.94%. However, the stock's performance over the last month shows a decline of 0.64%, contrasting with the Sensex's gain of 1.92%. This indicates that while there was a brief uptick in the stock's performance, it remains vulnerable to broader market trends and internal financial struggles. The company's inability to service its debt and the overall negative sentiment surrounding its financial health are likely contributing to the stock's current downward trajectory.