Why is Shiva Cement falling/rising?

As of 11-Aug, Shiva Cement Ltd is experiencing a decline in its stock price, currently at Rs 33.83, reflecting a decrease of Rs 2.18 or 6.05%. The stock has underperformed its sector by 7.5% today and has been on a downward trend for the past three days, accumulating a total return loss of 10.95% during this period. The stock traded within a wide range of Rs 4.07 today, with an intraday high of Rs 36.98 and a low of Rs 32.91. Additionally, the stock's performance over various time frames shows significant underperformance, with a 1-year return of -29.46% compared to a 1.13% gain in the Sensex. The company is facing challenges such as high debt levels, negative EBITDA, and poor long-term growth, which contribute to its current price decline.
In the broader market context, the stock's short-term performance has been significantly worse than the benchmark, with a 1-week return of -11.53% compared to the Sensex's -0.51%. This consistent underperformance against the benchmark over the last three years, coupled with a lack of confidence from domestic mutual funds, indicates a broader sentiment of caution among investors. The company's weak financial fundamentals, including a debt-equity ratio of 13.65 times and declining net sales and profits, further exacerbate the negative outlook, leading to a lack of investor participation and contributing to the stock's falling price.