Why is Ramasigns Indus. falling/rising?

As of 11-Jul, Ramasigns Industries Ltd is experiencing a decline in its stock price, currently at 2.18, reflecting a decrease of 0.02 or 0.91%. The stock has been trading lower than its moving averages across various timeframes, indicating a bearish trend. Additionally, the delivery volume has significantly decreased by 73.8% compared to the 5-day average, suggesting a lack of investor interest. Over the past week, the stock has dropped by 6.03%, while it has shown a modest increase of 2.83% over the past month. However, year-to-date, the stock has seen a substantial decline of 24.57%, contrasting with a positive return of 4.81% over the last year. The company's financial health is concerning, with operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -1.58 and a low return on equity of 1.78%. Furthermore, the fact that 100% of promoter shares are pledged adds additional downward pressure on the stock, especially in a falling market.
In the broader market context, Ramasigns Industries Ltd's performance has been notably worse than the benchmark, the Sensex, which has only declined by 1.12% over the past week. This stark contrast highlights the stock's underperformance, particularly given its year-to-date decline compared to the Sensex's gain of 5.58%. The company's weak long-term fundamentals and negative EBITDA position it as a risky investment, further exacerbated by the increase in pledged shares. Overall, the combination of poor financial metrics, declining investor participation, and unfavorable market conditions contributes to the stock's downward trajectory.