Why is Prakash Woollen falling/rising?

As of 07-Jul, Prakash Woollen & Synthetic Mills Ltd is experiencing a decline in its stock price, currently at 29.30, reflecting a decrease of 0.4 or 1.35%. The stock has underperformed its sector today by 0.69% and has shown a trend reversal, falling after two consecutive days of gains. Over the past week, the stock has gained 0.69%, but it has significantly underperformed over the longer term, with a 5.45% decline in the last month and a staggering 22.49% drop year-to-date. The company is facing substantial challenges, including operating losses and a high Debt to EBITDA ratio of 8.89 times, which indicates a weak ability to service its debt. Recent financial results have been poor, with net sales falling by 49.58% and a negative profit after tax of Rs -3.02 crore, contributing to a lack of profitability and investor confidence.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as the Sensex has gained 1.53% over the past month while Prakash Woollen has declined by 5.45%. This underperformance is further highlighted by the stock's negative returns over the past year, which stand at -23.92%, compared to a 4.31% gain in the Sensex. The company’s weak long-term fundamentals, coupled with its inability to generate positive operating profits and declining sales, position it unfavorably in the market, leading to a lack of investor interest despite a recent increase in delivery volume.