Why is Sanco Industries falling/rising?

As of 20-October, Sanco Industries Ltd is experiencing a decline in its stock price, currently at Rs 1.86, which reflects a decrease of 0.1 or 5.1%. The stock has underperformed significantly, with a 1-week return of -5.10% and a 1-month return of -15.84%. Additionally, it is trading close to its 52-week low, just 4.3% above Rs 1.78. The stock has shown erratic trading patterns, not trading on 4 out of the last 20 days, and is currently below all major moving averages. The company has not declared results in the last six months, indicating weak long-term fundamental strength, and has a concerning debt situation with a debt-to-equity ratio of 0 times. The stock's performance has been consistently poor, with a staggering -60.43% return year-to-date and a negative EBITDA, which further underscores its risky nature.
In the broader market context, Sanco Industries' performance is starkly contrasted with the benchmark, the Sensex, which has gained 2.44% over the past week and 2.04% over the past month. This consistent underperformance against the benchmark over the last three years, alongside a significant decline in net sales and operating profit, highlights the challenges the company faces. The stock's returns have lagged behind the BSE500 in each of the last three annual periods, reinforcing the perception of Sanco Industries as a weak investment choice in the current market environment.