Why is Real Eco-Energy falling/rising?

As of 13-Oct, Real Eco-Energy Ltd's stock price is currently at 4.58, reflecting a decrease of 0.23, or 4.78%. The stock has been underperforming, with a performance today that is down 4.58% compared to its sector. It has experienced consecutive falls over the last two days, resulting in a total decline of 6.15%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the company is facing significant challenges, including operating losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of -0.23. The company's return on equity is low at 3.96%, and its recent quarterly profit after tax has fallen dramatically by 527.8% compared to the previous four-quarter average, contributing to the stock's negative performance.
In the broader market context, Real Eco-Energy's stock has underperformed significantly compared to the Sensex, with a 1-week return of -6.91% against the benchmark's gain of 0.66%. Over the past year, the stock has declined by 59.33%, while the Sensex has only increased by 1.16%. This stark contrast highlights the company's struggles relative to the overall market. Despite a rise in investor participation, as indicated by a 5.98% increase in delivery volume, the stock's liquidity remains low, and its valuation is considered very expensive with a price to book value of 7.2. Overall, the combination of poor financial performance, weak fundamentals, and significant underperformance against the benchmark contributes to the stock's downward trajectory.