Why is Prakash Woollen falling/rising?

As of 15-Jul, Prakash Woollen & Synthetic Mills Ltd is experiencing a decline in its stock price, currently at 28.35, which reflects a decrease of 0.28 or 0.98%. The stock has underperformed its sector by 2.32% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 1.29% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has reported significant operating losses, with a high Debt to EBITDA ratio of 8.89 times, and a low Return on Equity of 2.33%, indicating weak profitability. Recent financial results show a drastic fall in profit before tax and net sales, contributing to a negative sentiment around the stock.
In the broader market context, Prakash Woollen's performance over the past week shows a decline of 0.84%, while the Sensex has dropped by 1.36%. This indicates that the stock has slightly outperformed the benchmark in the short term, but its long-term performance is concerning, with a year-to-date decline of 25.00% compared to a 5.67% increase in the Sensex. The overall negative operating profits and the company's inability to service debt effectively have led to a perception of risk among investors, further exacerbating the stock's decline.