Why is Sh. Rajas. Synt. falling/rising?

As of 04-Jul, Shree Rajasthan Syntex Ltd is experiencing a decline in its stock price, currently at Rs 10.45, reflecting a decrease of Rs 1.14 or 9.84%. The stock has underperformed significantly today, with a performance that is 10.66% worse than its sector. It has also touched an intraday low of Rs 10.4, indicating high volatility with an intraday fluctuation of 5.02%. Over the past week, the stock has dropped by 18.36%, and year-to-date, it has fallen by 39.28%. The company has reported negative results for the last three consecutive quarters, with a significant operating loss and a declining ability to service its debt, which has contributed to the stock's poor performance.
In the broader market context, the Sensex has only decreased by 0.74% over the past week, highlighting that Shree Rajasthan Syntex Ltd's decline is more pronounced than the overall market trend. While the stock has generated a modest return of 1.46% over the past year, its profits have plummeted by 1339%, indicating severe underlying issues. The company's weak long-term fundamentals, characterized by declining net sales and operating profit, coupled with a high debt-to-EBITDA ratio, suggest that investor confidence is waning, leading to a significant drop in participation and liquidity in the stock.