Why is Prag Bosimi Syn. falling/rising?

As of 04-Aug, Prag Bosimi Synthetics Ltd is experiencing a decline in its stock price, currently at 2.19, which reflects a decrease of 0.02 or 0.9%. The stock has underperformed its sector today by 1.24% and has been on a downward trend for the last two days, accumulating a total decline of 3.1%. Over the past week, the stock has seen a significant drop of 5.19%, and its year-to-date performance shows a staggering decline of 26.01%. The company is trading below all its moving averages, indicating a bearish trend. Additionally, the stock's liquidity appears to be low, with a notable decrease in delivery volume by 67.32% compared to the 5-day average. The company's negative book value and weak long-term fundamentals, including a debt-to-equity ratio of 0 and stagnant sales growth, further contribute to the stock's poor performance.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has shown a slight increase of 0.16% over the past week. Prag Bosimi Synthetics has consistently underperformed against the benchmark over the last three years, with a return of -29.35% in the past year compared to the Sensex's modest growth of 0.05%. This consistent underperformance, coupled with high debt levels and negative EBITDA, positions the stock as a risky investment, leading to a lack of investor confidence and participation in the market.