Why is Rudra Ecovation falling/rising?

As of 02-Sep, Rudra Ecovation Ltd's stock price is currently at Rs 39.30, reflecting a decline of Rs 1.15 or 2.84%. Today's price summary indicates that the stock has underperformed its sector by 3.83% and has experienced a trend reversal after two consecutive days of gains. The stock touched an intraday low of Rs 38.51, representing a drop of 4.8%. Over the past week, the stock has shown a modest gain of 1.55%, but it has significantly underperformed over the last month and year, with returns of -5.23% and -43.45%, respectively. The company is facing challenges, including operating losses and a weak ability to service its debt, which is reflected in a poor EBIT to Interest ratio of -1.15. Additionally, the company has generated a low Return on Equity of 0.10%, indicating low profitability.
In the broader market context, while the Sensex has shown a slight decline of 0.78% over the past week, Rudra Ecovation's performance has been notably worse, suggesting that investor sentiment towards the stock is particularly negative. The stock's performance over the last year is concerning, as it has fallen much more sharply than the broader market, which has seen a decline of only 4.82%. This significant underperformance, coupled with the company's negative EBITDA and flat sales results, indicates a lack of confidence among investors, contributing to the stock's current downward trajectory.