Why is Saffron Industri falling/rising?

As of 05-Sep, Saffron Industries Ltd is experiencing a decline in its stock price, currently at 28.34, which reflects a decrease of 0.57 or 1.97%. The stock has been underperforming, having fallen for the last six consecutive days, resulting in a total drop of 11.3% during this period. Additionally, the stock's performance today has underperformed the sector by 1.97%. Despite having higher moving averages compared to the 20, 50, 100, and 200-day averages, it is lower than the 5-day moving average. The delivery volume has also seen a significant decline of 62.44% against the 5-day average, indicating falling investor participation. The company faces challenges with a negative book value and weak long-term fundamentals, as evidenced by a poor growth rate in net sales and operating profit over the last five years.
In the broader market context, Saffron Industries' recent performance contrasts sharply with the Sensex, which has gained 1.13% over the past week while Saffron has dropped 9.51%. Year-to-date, Saffron has shown remarkable growth of 304.86%, but this is overshadowed by its current struggles and negative financial indicators. The company's high debt levels and flat results in recent quarters further contribute to its risky profile, making it less attractive to investors. Overall, the combination of declining stock performance, negative financial metrics, and reduced investor interest has led to the stock's downward trajectory.