Why is Sanco Industries falling/rising?

As of 27-Oct, Sanco Industries Ltd is experiencing a decline in its stock price, currently at Rs. 1.76, reflecting a decrease of 0.1 or 5.38%. The stock has hit a new 52-week low today and has underperformed its sector by 5.81%. Over the past week, Sanco Industries has seen a significant drop of 5.38%, and its performance over the last month shows a staggering decline of 23.48%. The company has not declared results in the last six months, contributing to weak long-term fundamentals, with net sales declining at an annual rate of 100% and operating profit stagnant at 0% over the past five years. Additionally, the stock is trading below all moving averages and has shown erratic trading patterns, not trading on four out of the last twenty days. In the broader market context, Sanco Industries' performance contrasts sharply with the benchmark, as the Sensex has gained 0.48% over the past week and 5.32% over the past month. The company's long-term underperformance is evident, with a staggering decline of 80.34% over the last three years compared to a 46.40% increase in the benchmark. The high debt levels and negative EBITDA further exacerbate the stock's risk profile, making it a consistent underperformer against the BSE500. Overall, the combination of poor financial health, lack of recent results, and significant underperformance relative to the market contributes to the stock's current downward trajectory.