Why is Promact Impex falling/rising?

As of 17-Jul, Promact Impex Ltd is currently priced at 10.30, reflecting a decrease of 0.14, or 1.34%. The stock has underperformed its sector today by 1.71%, and while it is higher than its 5-day moving average, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages. The stock has shown a mixed performance over various periods, with a 1-week return of +1.98% but a significant decline of -22.26% year-to-date. Additionally, the company has a negative book value and has experienced poor long-term growth, with net sales declining at an annual rate of -43.84% over the last five years. The high debt levels, indicated by a significant debt-to-equity ratio, further contribute to its weak long-term fundamental strength.
In the broader market context, the stock's performance has been notably weaker than the benchmark, as it has generated a return of -21.61% over the past year while the BSE500 index has seen a modest gain of 0.26%. This stark contrast highlights the stock's struggles in a generally positive market environment. Furthermore, the falling investor participation, evidenced by a 59.34% drop in delivery volume compared to the 5-day average, suggests a lack of confidence among investors, which may be contributing to the stock's downward pressure. Overall, the combination of poor financial health, underperformance relative to the market, and declining investor interest are key factors driving the stock's recent decline.