Why is Sanginita Chemi. falling/rising?

As of 10-Sep, Sanginita Chemicals Ltd is experiencing a decline in its stock price, currently at 9.60, which represents a decrease of 0.35 or 3.52%. The stock has underperformed its sector by 4.1% today and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 72.63% compared to the 5-day average. Over the past year, the stock has generated a return of -41.18%, while profits have decreased by 31%. The company also has a low Return on Equity of 1.21%, indicating weak profitability, and a high Debt to EBITDA ratio of 8.67 times, which raises concerns about its ability to service debt.
In the broader market context, the stock's performance has been notably poor compared to the benchmark, with a 1-year return of -41.18% against a slight decline of 0.27% for the Sensex. This consistent underperformance over the last three years, coupled with a weak long-term fundamental outlook characterized by a -18.11% CAGR growth in operating profits, contributes to a negative sentiment surrounding the stock. While the stock is trading at a discount compared to its peers, the overall financial health and declining sales figures, including a 19.39% drop in net sales in the most recent quarter, suggest that investors remain cautious, leading to the current downward trend in stock price.