Why is Sanco Industries falling/rising?

As of 24-Sep, Sanco Industries Ltd is experiencing a decline in its stock price, currently at 2.30, which reflects a decrease of 0.13 or 5.35%. The stock has shown mixed performance recently, with a 14.43% increase over the past week, but a significant decline of 14.81% over the last month. Today's performance indicates that it has underperformed its sector by 5.28%. The stock is currently trading above its 5-day moving average but below its longer-term moving averages, suggesting volatility. The company faces challenges, including a negative book value and weak long-term fundamentals, with net sales declining at an annual rate of -100.00% over the last five years. Additionally, the stock has a high debt-to-equity ratio and has consistently underperformed against benchmarks over the past three years.
In the broader market context, while Sanco Industries has shown a positive return of 14.43% in the last week, it contrasts sharply with the Sensex, which has declined by 1.08% in the same period. However, the stock's year-to-date performance is troubling, with a staggering decline of 51.06% compared to the Sensex's gain of 5.97%. This consistent underperformance against the benchmark, coupled with negative EBITDA and flat results, indicates that investor confidence is waning, contributing to the stock's downward movement. Overall, the combination of weak fundamentals and poor market performance is leading to a bearish outlook for Sanco Industries.