Why is Ruchi Infrastr. falling/rising?

As of 13-Jun, Ruchi Infrastructure Ltd is experiencing a decline in its stock price, currently at 8.09, reflecting a decrease of 0.81 or 9.1%. The stock has underperformed its sector by 8.75% today and has been on a downward trend, losing 14.12% over the past two days. In terms of longer-term performance, the stock has generated a return of -33.14% over the past year, with a significant drop in net sales and profitability, as evidenced by a -16.14% decline in net sales for the latest quarter. Additionally, the company has reported negative results for three consecutive quarters, which has contributed to a weak long-term fundamental strength, including a high Debt to EBITDA ratio and a low Return on Equity. The recent decrease in promoter stake by 9.67% also indicates a lack of confidence in the company's future prospects.
In the broader market context, Ruchi Infrastructure's short-term performance has been notably worse than the benchmark, with a 14.84% decline over the past week compared to a mere 1.30% drop in the Sensex. While the stock has shown a slight recovery of 3.32% over the past month, it remains significantly behind the benchmark's performance year-to-date, where the Sensex has gained 3.81%. This underperformance in both short-term and long-term metrics highlights the challenges faced by Ruchi Infrastructure in maintaining investor confidence and market position amidst a backdrop of declining financial health and increasing debt concerns.