Why is Ruchi Infrastr. falling/rising?

As of 20-Jun, Ruchi Infrastructure Ltd's stock price is currently at 7.29, reflecting a decrease of 0.12 or 1.62%. The stock has been underperforming significantly, having fallen consecutively for the last four days, resulting in a total decline of 14.84% during this period. In the past week, the stock has dropped by 9.89%, while over the last month, it has decreased by 13.52%. Additionally, the stock is trading below all key moving averages, indicating a bearish trend. The company's financial health is concerning, with a return on capital employed (ROCE) of just 1 and a significant decline in profits by 75.4% over the past year. Furthermore, the promoters have reduced their stake by 9.67%, which may reflect a lack of confidence in the company's future prospects.
In the broader market context, the Sensex has shown resilience, gaining 1.59% over the past week, while Ruchi Infrastructure has significantly lagged behind, highlighting its weak performance relative to the benchmark. The stock's year-to-date return stands at a staggering -37.37%, compared to the Sensex's positive return of 5.46%. This stark contrast underscores the challenges Ruchi Infrastructure faces, including weak long-term fundamentals, a high debt-to-EBITDA ratio, and declining sales. The combination of these factors contributes to the stock's downward trajectory, further exacerbated by falling investor participation, as evidenced by an 88.22% drop in delivery volume compared to the five-day average.