Why is Sanco Industries falling/rising?

As of 25-Jun, Sanco Industries Ltd is experiencing a decline in its stock price, currently at 3.77, which represents a decrease of 0.09 or 2.33%. Despite a recent positive trend with a 1-week return of 8.96% and a 1-month return of 46.12%, the stock has shown significant long-term underperformance, with a year-to-date decline of 19.79% and a staggering 61.73% drop over the past year. The stock is currently trading above its moving averages for 5, 20, 50, 100, and 200 days, indicating some short-term strength. However, the company's negative book value and weak long-term fundamentals, including a 100% decline in net sales and a high debt-to-equity ratio, contribute to its overall poor performance. The stock is also classified as risky due to negative EBITDA and has consistently underperformed against benchmarks over the last three years.
In the broader market context, Sanco Industries has underperformed the BSE Small Cap index, which gained 1.59%, indicating that while the overall market is experiencing growth, Sanco is lagging behind. The stock's recent performance is concerning, especially given its negative returns compared to the benchmark indices, which have shown positive growth over the same periods. This consistent underperformance, coupled with the company's financial struggles, suggests that investor sentiment may be negatively impacted, leading to the current decline in stock price.