Why is Sharp India falling/rising?

As of 16-Jul, Sharp India Ltd's stock price is currently at Rs 55.15, reflecting a decrease of Rs 2.85 or 4.91%. The stock has underperformed its sector by 4.36% today, following a trend reversal after three consecutive days of gains. It touched an intraday low of Rs 55.1, indicating a decline of 5%. The stock's performance over the past week shows a gain of 6.26%, but it has fallen by 4.91% over the past month. Additionally, the company has a negative book value and weak long-term fundamentals, with net sales declining at an annual rate of -0.40% and a high debt-to-equity ratio, contributing to its recent price drop.
Broader market context indicates that while the Sensex has gained 1.02% over the past month, Sharp India Ltd's performance has been negative, highlighting its struggles in comparison to the broader market. The stock's liquidity appears adequate, with a notable increase in delivery volume, suggesting some investor interest despite the overall decline. However, the company's negative EBITDA and poor long-term growth prospects continue to pose risks, which may be influencing investor sentiment and leading to the current downward price movement.