Why is Promact Impex falling/rising?

As of 13-Aug, Promact Impex Ltd is experiencing a decline in its stock price, currently at 8.60, reflecting a decrease of 0.38 or 4.23%. The stock has underperformed its sector by 3.94% today and has shown erratic trading patterns, not trading on one day out of the last 20. Additionally, it is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has dropped by 14.00%, and year-to-date, it has fallen by 35.09%. The company is facing significant challenges, including a negative book value and weak long-term fundamentals, with net sales declining at an annual rate of 41.36% over the last five years. The latest financial results show the lowest recorded PBDIT and PBT, further contributing to investor concerns.
In the broader market context, the Sensex has remained relatively stable with a minimal decline of 0.01% over the past week, contrasting sharply with Promact Impex's significant drop. The stock's performance over the past year has been particularly poor, with a return of -31.64%, compared to the market's negative return of only -0.64%. This stark underperformance highlights the company's struggles and the heightened risk associated with its stock, which is compounded by high debt levels and a lack of profitability. Overall, these factors contribute to a negative sentiment surrounding Promact Impex, leading to its current price decline.