Why is Prajay Engineers falling/rising?

As of 02-Sep, Prajay Engineers Syndicate Ltd's stock price is currently at 25.80, reflecting a decrease of 0.22, or 0.85%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 4.02%. Despite this short-term drop, the stock has shown strong performance over the past week and month, with returns of 8.27% and 39.61%, respectively. However, the company is facing significant challenges, including operating losses and a weak ability to service its debt, which is reflected in a poor EBIT to Interest ratio of -12.29. Additionally, the stock has underperformed the market over the past year, with a return of -35.53%, indicating a concerning trend for investors.
In the broader market context, while the Sensex has experienced a slight decline of 0.78% over the past week, Prajay Engineers has managed to outperform the benchmark during this period. However, the stock's recent performance is overshadowed by its long-term struggles, as it has generated negative returns compared to the broader market, which has seen a decline of only 4.82% over the last year. The falling investor participation, evidenced by an 18.22% drop in delivery volume, further exacerbates the stock's volatility and indicates a lack of confidence among investors. Overall, the combination of weak fundamentals, negative EBITDA, and declining investor interest contributes to the stock's current downward trajectory.