Why is Prakash Woollen falling/rising?

As of 16-Jul, Prakash Woollen & Synthetic Mills Ltd is experiencing a decline in its stock price, currently at 27.78, which represents a decrease of 0.57 or 2.01%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 3.27%. Additionally, it is trading below all key moving averages, indicating a bearish trend. The company's financial health is concerning, highlighted by significant operating losses and a high Debt to EBITDA ratio of 8.89 times, which suggests a low ability to service debt. The 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, while the stock has shown a slight positive return of 0.65% over the past week, it has significantly underperformed the benchmark Sensex, which has declined by 1.08% in the same period. Over the longer term, Prakash Woollen has generated a return of -27.12% over the past year, contrasting sharply with the Sensex's gain of 2.38%. This underperformance is compounded by the company's weak long-term fundamentals and negative operating profits, making it a risky investment compared to its historical valuations. The rising investor participation, indicated by increased delivery volume, does not seem to be enough to counteract the negative trends affecting the stock.