Why is Sanghi Industrie falling/rising?

As of 16-Jul, Sanghi Industries Ltd is experiencing a decline in its stock price, currently at 66.19, which reflects a decrease of 0.13 or 0.2%. The stock has shown a trend reversal, falling after three consecutive days of gains. Despite being higher than the 5-day, 20-day, 50-day, and 100-day moving averages, it remains lower than the 200-day moving average. The stock's performance today is in line with its sector, but there has been a notable decrease in investor participation, with delivery volume falling by 7.15% against the 5-day average. Over the past week, the stock has decreased by 0.18%, while it has gained 9.03% over the past month. However, it has significantly underperformed over the past year, with a return of -33.96% compared to a 2.38% increase in the Sensex.
In the broader market context, while the stock has shown some recovery in the short term, its long-term fundamentals are weak, indicated by a staggering -202.54% CAGR growth in operating profits over the last five years and a high debt-to-EBITDA ratio of 17.08 times. The company has reported negative results for the last three consecutive quarters, with a PAT of Rs -116.91 crore, which has fallen by 76.1% compared to the previous four-quarter average. Additionally, domestic mutual funds hold only 0.8% of the company, suggesting a lack of confidence in its valuation or business prospects. Overall, despite some short-term gains, the stock's long-term performance and fundamentals indicate a challenging outlook, contributing to its recent price decline.