Why is Shivam Autotech falling/rising?

As of 28-Aug, Shivam Autotech Ltd is currently priced at 28.10, reflecting a slight increase of 0.01 (0.04%). The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its price performance. Over the past week, the stock has decreased by 7.47%, and it has shown a significant decline of 45.96% over the past year, underperforming against the BSE500 index. The company has reported negative results for the last two consecutive quarters, with net sales falling by 20.1% compared to the previous quarter's average, and an operating profit to interest ratio at its lowest. Additionally, the company has a high debt-equity ratio of 10.73 times, which contributes to its weak long-term fundamental strength and poor growth prospects.
In the broader market context, the Sensex has declined by 2.34% over the past week, indicating that while Shivam Autotech is also falling, its decline is more pronounced compared to the benchmark. The stock's performance has been below par in both the short-term and long-term, with a year-to-date return of -38.38%, contrasting sharply with the Sensex's gain of 2.48% during the same period. The combination of high debt, declining sales, and poor profitability has led to a lack of investor confidence, resulting in falling participation and a negative outlook for the stock.