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

As of 25-Jul, Shree Rajasthan Syntex Ltd is experiencing a decline in its stock price, currently at 11.61, which reflects a decrease of 0.92 or 7.34%. The stock has underperformed its sector by 4.47% today and has fallen after three consecutive days of gains. In terms of returns, the stock has shown a negative performance over the past month, down 16.89%, and has significantly underperformed the benchmark Sensex, which has gained 4.25% year-to-date. The company has reported operating losses and negative results for the last three consecutive quarters, with net sales and operating profit declining at annual rates of 28.11% and 31.69%, respectively. This weak financial performance, coupled with a high debt-to-EBITDA ratio, indicates a lack of long-term fundamental strength, contributing to the stock's downward movement.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has consistently underperformed against the BSE500 over the last three years. While the Sensex has shown a slight decline of 0.36% over the past week, Shree Rajasthan Syntex Ltd has managed a modest gain of 0.96% in the same period, but this is overshadowed by its substantial losses in the longer term. The textile sector as a whole has also seen a decline of 2.97%, which may be impacting investor sentiment and contributing to the stock's current struggles. Overall, the combination of poor financial results, high debt levels, and sector-wide challenges are leading to a negative outlook for the stock.