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

As of 30-Sep, Shree Rajasthan Syntex Ltd is experiencing a decline in its stock price, currently at 16.72, reflecting a decrease of 0.88 or 5.0%. The stock has underperformed its sector by 4.86% today and has been on a consecutive downward trend for the last two days, accumulating a total loss of 9.62% during this period. Over the past week, the stock has dropped by 13.46%, while its performance over the last month shows a decline of 6.33%. The company's negative long-term fundamentals are highlighted by a negative book value and a significant decrease in net sales and operating profit over the past five years. Additionally, the stock's high debt to EBITDA ratio raises concerns about its ability to service debt, further contributing to its recent price decline.
In the broader market context, the stock's performance has been notably worse than the benchmark, with a one-year return of -29.03% compared to the Sensex's decline of only 4.78%. This stark contrast indicates that while the overall market has faced challenges, Shree Rajasthan Syntex Ltd has struggled significantly more. The falling investor participation, evidenced by a 61.69% drop in delivery volume, suggests a lack of confidence among investors, which is likely exacerbating the stock's downward trajectory. Overall, the combination of poor financial performance, negative investor sentiment, and underperformance relative to the market has led to the stock's current decline.