Why is Praxis Home falling/rising?

As of 01-Oct, Praxis Home Retail Ltd is experiencing a decline in its stock price, currently at 11.54, which reflects a decrease of 0.23 or 1.95%. The stock has been underperforming, having lost 5.8% over the last three days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has shown significant negative returns over various periods, including a 36.96% decline year-to-date and a staggering 55.16% drop over the past year. The company's financial health is concerning, with a negative book value and a high debt-to-EBITDA ratio, indicating a weak long-term fundamental strength. Furthermore, the company has reported negative results for the last 12 consecutive quarters, with a significant fall in profit after tax and declining net sales.
In the broader market context, Praxis Home's performance has been notably worse than the benchmark, with a 7.61% decline over the past week compared to a 0.90% drop in the Sensex. This underperformance is compounded by a significant reduction in promoter confidence, as they have decreased their stake by 13.69%, which may signal a lack of faith in the company's future prospects. The stock's liquidity is also low, with a drastic drop in delivery volume, further indicating waning investor interest. Overall, the combination of poor financial results, negative growth trends, and declining investor participation contributes to the stock's downward trajectory.