Why is Shahi Shipping falling/rising?

As of 14-Nov, Shahi Shipping Ltd's stock price is currently at Rs 22.31, reflecting a decline of -1.17 (-4.98%). The stock has been underperforming recently, having fallen for two consecutive days with a total drop of -9.71% in that period. Today, it opened with a loss of -4.98% and reached a day's low of Rs 22.31, despite touching an intraday high of Rs 24.2 earlier. The stock has shown strong performance over the past week and month, with returns of +29.94% and +53.86%, respectively, but has underperformed the sector by -5.29% today. The company faces significant challenges, including operating losses and a high Debt to EBITDA ratio of 5.38 times, which contribute to its weak long-term fundamental strength and negative operating profits.
In the broader market context, while the stock has generated a return of -5.39% over the past year, the benchmark index, Sensex, has increased by +9.00% during the same period, highlighting the stock's underperformance relative to the market. Despite the stock's strong short-term returns, the overall negative sentiment surrounding its financial health and declining investor participation, as evidenced by a drop in delivery volume, suggests that the recent price movement is primarily driven by these underlying weaknesses rather than broader market trends.