Why is Sanginita Chemi. falling/rising?

As of 02-Sep, Sanginita Chemicals Ltd is experiencing a decline in its stock price, currently at 9.40, reflecting a decrease of 0.21 or 2.19%. The stock has underperformed its sector by 2.28% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 3.89%, and its year-to-date performance shows a significant decline of 39.43%. Despite a recent increase in delivery volume by 26.44% against the 5-day average, the overall sentiment remains negative, compounded by a weak long-term fundamental outlook, including a -18.11% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 8.67 times.
In the broader market context, while the Sensex has shown a slight increase of 0.06% over the past month, Sanginita Chemicals has continued to struggle, with a 5.24% decline in the same timeframe. The company has consistently underperformed against the benchmark, generating -42.37% returns over the last year compared to the Sensex's -2.77%. This consistent underperformance, coupled with negative financial results such as a 19.39% drop in net sales and a low return on equity of 1.21%, indicates a challenging environment for the stock, contributing to its current downward trajectory.