Why is Sawaca Enterpri. falling/rising?

As of 05-Sep, Sawaca Enterprises Ltd is currently priced at 0.42, showing no change (0.00%). The stock has underperformed its sector today by 0.53% and is trading below all its moving averages, indicating a bearish trend. Over the past month, the stock has decreased by 4.55%, and year-to-date, it has plummeted by 44.00%. Additionally, the company has reported operating losses and a weak ability to service its debt, reflected in a negative EBIT to Interest ratio of -0.73. The latest financial results show a decline in net sales and a negative profit after tax, contributing to a negative return on capital employed (ROCE). The stock is also close to its 52-week low, which further emphasizes its downward trajectory.
In the broader market context, the Sensex has increased by 1.13% over the past week, contrasting sharply with Sawaca Enterprises' stagnant performance. While the benchmark has shown a modest gain of 3.29% year-to-date, Sawaca's significant decline of 44.00% highlights its struggles relative to the market. The falling investor participation, with a decrease in delivery volume, suggests a lack of confidence among investors, which is compounded by the company's weak long-term fundamentals and negative EBITDA. Overall, these factors indicate that Sawaca Enterprises is facing considerable challenges, leading to its current price stagnation.