Why is Real Eco-Energy falling/rising?

As of 19-Sep, Real Eco-Energy Ltd's stock price is currently at 4.95, reflecting a decline of 0.22 or 4.26%. The stock has been underperforming significantly, with a consecutive fall over the last two days resulting in a total drop of 6.6%. Additionally, it has underperformed its sector by 4.56% today. The stock's performance over various periods indicates a troubling trend, with a year-to-date decline of 35.12% and a one-year drop of 38.56%. The company is facing substantial operating losses, with a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -0.23. Furthermore, the return on equity is low at 3.96%, suggesting limited profitability, which has contributed to the stock's negative momentum.
In the broader market context, while the Sensex has shown a slight increase of 0.88% over the past week, Real Eco-Energy's stock has declined by 7.48% in the same timeframe, highlighting its significant underperformance relative to the benchmark. The company's liquidity appears adequate for trading, but the overall sentiment remains bearish due to its weak long-term fundamentals and poor recent financial performance. The stock's valuation is considered very expensive with a price-to-book value of 7.8, further discouraging investor confidence. Overall, the combination of operational challenges and poor market performance has led to the stock's decline.