Why is RattanIndia Ent falling/rising?

As of 18-Nov, RattanIndia Enterprises Ltd is experiencing a decline in its stock price, currently at 45.63, which reflects a decrease of 0.99 or 2.12%. The stock has underperformed its sector by 1.49% today and has been on a consecutive downward trend for the last five days, resulting in an overall return of -8.43% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company's financial health is concerning, with a high Debt to EBITDA ratio of 3.70 times and negative operating profit growth of -421.66% over the past five years. The company has reported negative results for the last three consecutive quarters, with a significant decline in profit after tax and return on capital employed, indicating a risky investment environment.
In the broader market context, RattanIndia Enterprises Ltd's short-term performance has been notably poor compared to the benchmark, as it has fallen by 8.43% over the past week while the Sensex has gained 0.96%. This stark contrast highlights the stock's underperformance relative to the market. Furthermore, despite a rise in investor participation with a 28.2% increase in delivery volume, the overall sentiment remains negative due to the company's inability to service its debt and the low stake held by domestic mutual funds, suggesting a lack of confidence in the company's future prospects. Overall, the combination of poor financial results, high debt levels, and underperformance against the benchmark contributes to the stock's decline.