Why is Sangam India falling/rising?

As of 15-Sep, Sangam (India) Ltd's stock price is currently at 399.00, reflecting a decrease of 0.4, or 0.1%. The stock has been underperforming, having fallen for the last two days with a total decline of 0.44%. Despite a strong performance over the past week and month, with returns of 9.37% and 10.48% respectively, the stock has generated a negative return of 7.89% over the past year. The company has declared negative results for the last 11 consecutive quarters, with a significant drop in profit after tax and a high Debt to EBITDA ratio, indicating challenges in servicing debt. Additionally, the lack of investment from domestic mutual funds suggests a lack of confidence in the stock's valuation and business prospects.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has consistently underperformed against the BSE500 over the last three years. While the Sensex has shown a modest gain of 1.24% over the past week, Sangam (India) Ltd's stock has not kept pace, highlighting its struggles in a generally improving market. The company's long-term growth potential is overshadowed by its declining profitability and high debt levels, which may contribute to investor hesitance and the stock's current downward trend.