Why is Ramasigns Indus. falling/rising?

As of 30-Jun, Ramasigns Industries Ltd is currently priced at 2.21, reflecting a decrease of 0.02 or 0.9%. The stock has been underperforming significantly, having fallen for the last six days, resulting in a total decline of 17.84% during this period. It is trading below all key moving averages, indicating a bearish trend. Additionally, the stock has underperformed its sector by 3.29% today. Over the past week, Ramasigns has experienced a substantial drop of 13.67%, while its year-to-date performance shows a decline of 23.53%. The company is facing operational challenges, including weak long-term fundamentals, negative EBITDA, and a concerning ratio of pledged promoter shares, which adds downward pressure on the stock price.
In the broader market context, the Sensex has gained 2.09% over the past week, contrasting sharply with Ramasigns' performance. The stock's recent struggles are compounded by a significant drop in investor participation, with delivery volume falling by 59.12% against the five-day average. While the sector overall has seen a 2.39% increase, Ramasigns' weak financial metrics, including a poor EBIT to interest ratio and low return on equity, further highlight its struggles in a rising market. This combination of internal weaknesses and external pressures has contributed to the stock's continued decline.