Why is Regency Ceramics falling/rising?

As of 26-Sep, Regency Ceramics Ltd's stock price is currently at Rs 41.00, reflecting a decline of Rs 2.8 or 6.39%. The stock has underperformed its sector by 5.25% today, reaching an intraday low of Rs 41. The trading volume indicates a weighted average price closer to this low, suggesting significant selling pressure. Over the past week, the stock has decreased by 5.75%, and it has shown a substantial decline of 25.33% year-to-date. Despite positive results in net sales and profit after tax in the latest six months, the company faces challenges with a negative book value and high debt levels, contributing to its weak long-term fundamental strength and making it a risky investment.
In the broader market context, Regency Ceramics has significantly underperformed compared to the benchmark Sensex, which has only fallen by 2.66% over the past week. The stock's one-year return of -51.66% starkly contrasts with the Sensex's decline of 6.30%, indicating that the company's struggles are more pronounced than the overall market trends. This disparity highlights the company's ongoing issues, including poor long-term growth and high volatility, which have led to a lack of investor confidence, further exacerbating its price decline.