Why is Premier falling/rising?

As of 09-Sep, Premier Ltd's stock price is currently at 3.47, reflecting a decrease of 0.18 or 4.93%. The stock has underperformed its sector today by 5.26%, and it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has declined by 2.25%, and it has seen a significant drop in investor participation, with delivery volume falling by 80.28% compared to the 5-day average. The company has a negative book value and weak long-term fundamentals, evidenced by a 100% decline in net sales and stagnant operating profit over the last five years. Additionally, it has a high debt-to-equity ratio and a negative EBITDA, which further contributes to its poor performance.
In the broader market context, Premier Ltd's short-term performance contrasts sharply with the Sensex, which has gained 1.18% over the past week. The stock has also underperformed the benchmark over longer periods, with a 29.47% decline in the past year compared to a slight decrease of 0.56% for the Sensex. This underperformance in both short-term and long-term metrics indicates a lack of investor confidence and highlights the company's ongoing struggles, making it a risky investment compared to the broader market.