Why is Sadbhav Engg. falling/rising?

As of 03-Nov, Sadbhav Engineering Ltd's stock price is currently at 11.50, reflecting a decline of -0.21, or -1.79%. The stock has been underperforming, having lost -6.58% over the last six days, and it is trading below all key moving averages, indicating a bearish trend. Additionally, the stock has generated a staggering -61.28% return over the past year, significantly underperforming the broader market, which has seen a +5.34% return in the same period. The company's negative book value and weak long-term fundamentals, including a high debt-to-equity ratio and declining net sales, contribute to the stock's poor performance. Furthermore, 42.67% of promoter shares are pledged, which adds downward pressure in a falling market.
In the broader market context, Sadbhav Engineering's short-term performance of -4.33% over the past week contrasts sharply with the Sensex, which has only declined by -0.94%. This underperformance highlights the stock's struggles relative to the market. The company's financial health is concerning, with negative net worth and a lack of profitability, which raises red flags for investors. The combination of these factors, including the recent flat results and the high percentage of pledged shares, suggests that the stock is facing significant challenges that are likely to continue impacting its price negatively.