Why is Rajnandini Metal falling/rising?

As of 09-Oct, Rajnandini Metal Ltd is experiencing a decline in its stock price, currently at 4.38, which represents a decrease of 0.08 or 1.79%. The stock has underperformed significantly, with a performance today that is 2.66% lower than its sector. It is trading below all moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past year, the stock has generated a return of -57.84%, and it has consistently reported negative results for the last six consecutive quarters, including a drastic fall in net sales by 64.57%. The company is also facing operational losses and has a high debt-to-EBITDA ratio of 5.64 times, indicating a weak long-term fundamental strength.
In the broader market context, the stock's short-term performance is notably poor compared to the benchmark, as it has declined by 4.16% over the past week while the Sensex has increased by 1.39%. This consistent underperformance against the benchmark over the last three years highlights the stock's ongoing struggles. Despite a rise in investor participation, with delivery volume increasing by 89.04% against the 5-day average, the overall sentiment remains negative due to the company's financial difficulties and inability to generate profits, making it a risky investment.