Why is Regency Ceramics falling/rising?

As of 13-Jun, Regency Ceramics Ltd's stock price is currently at Rs 50.80, reflecting a decline of Rs 2.67 or 4.99%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 9.74% during this period. It opened with a loss of 4.99% today and has not traded outside this price range. Despite a strong performance over the past year with a return of 36.45%, the company faces challenges such as a negative book value and a weak long-term fundamental strength, indicated by high debt levels and poor growth in operating profit. Additionally, the delivery volume has decreased significantly, suggesting falling investor participation.
In the broader market context, Regency Ceramics has outperformed the benchmark Sensex in the short term, with a 1-week return of 16.25% compared to the Sensex's decline of 1.30%. However, the stock's year-to-date performance shows a decline of 7.48%, contrasting with the Sensex's increase of 3.81%. This divergence highlights the stock's volatility and the risks associated with its high debt and negative EBITDA, which may deter investors despite its past strong returns.