Why is Prakash Woollen falling/rising?

As of 27-Jun, Prakash Woollen & Synthetic Mills Ltd is experiencing a decline in its stock price, currently at 29.35, reflecting a decrease of 0.52 or 1.74%. The stock has underperformed the sector today by 2.47% and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 3.61%, while it has shown a slight increase of 2.98% over the past month. However, the company is facing significant challenges, including operating losses and a high Debt to EBITDA ratio of 8.89 times, which indicates a low ability to service debt. The negative financial results reported, including a substantial drop in profit before tax and net sales, further contribute to the stock's downward trajectory.
In the broader market context, while the Sensex has gained 2.00% over the past week and 3.07% over the past month, Prakash Woollen's performance has been notably weaker, with a year-to-date decline of 22.35% compared to the benchmark's increase of 7.58%. This stark contrast highlights the company's struggles, as it has underperformed the market significantly over the last year, generating a return of -19.17% against the BSE 500's positive return of 4.10%. The combination of poor financial health, weak profitability, and negative operating profits positions the stock as a risky investment, contributing to its current decline.