Why is Pratiksha Chem. falling/rising?

As of 12-Jun, Pratiksha Chemicals Ltd is experiencing a decline in its stock price, currently at 21.15, which reflects a decrease of 0.48 or 2.22%. The stock has underperformed its sector today by 1.84%, and the delivery volume has significantly dropped by 47.59% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 4.86%, while it has shown a positive return of 25.15% over the past month. However, the stock has consistently underperformed against the benchmark, with a year-to-date return of -11.88% compared to the Sensex's gain of 4.55%. The company's financial health is concerning, as it has a negative book value and a weak ability to service its debt, reflected in a poor EBIT to Interest ratio of 0.24. Additionally, the recent negative quarterly results, including a significant drop in profit after tax, further contribute to the stock's downward movement.
In the broader market context, while the Sensex has shown a slight increase of 0.31% over the past week, Pratiksha Chemicals has not only lagged behind but has also underperformed the benchmark consistently over the last three years. The company's declining promoter confidence, evidenced by a 2.71% reduction in their stake, adds to the negative sentiment surrounding the stock. With a return on equity of only 6.10% and a staggering decline in profits over the past year, the stock's performance is viewed as risky, further exacerbating its struggles in a market that is otherwise showing some resilience.