Why is Samtex Fashion falling/rising?

As of 10-Jul, Samtex Fashions Ltd is experiencing a decline in its stock price, currently at 2.59, reflecting a decrease of 0.11 or 4.07%. The stock has underperformed its sector by 3.77% today and has seen a trend reversal after two consecutive days of gains. It is trading below all key moving averages, indicating a bearish trend. Additionally, the delivery volume has significantly dropped by 67.76% compared to the 5-day average, suggesting a lack of investor interest. Over the past year, the stock has generated a return of -5.82%, and its long-term fundamentals are weak, characterized by a negative book value and high debt levels, which further contribute to its recent price movement.
In the broader market context, the Sensex has shown a slight decline of 0.06% over the past week, while Samtex has dropped by 3.36% in the same period, indicating a more pronounced weakness in the stock compared to the benchmark. The stock's consistent underperformance against the benchmark over the last three years, coupled with flat results and negative EBITDA, highlights its struggles in a market that has generally been more favorable. Overall, the combination of poor financial health, declining investor participation, and significant underperformance relative to the market is driving the stock's downward trajectory.