Why is Shivam Autotech falling/rising?

As of 22-Sep, Shivam Autotech Ltd is experiencing a decline in its stock price, currently at 32.87, reflecting a decrease of 0.28 or 0.84%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total drop of 5.16% during this period. In terms of returns, the stock has shown a positive performance over the past week and month, with increases of 8.84% and 11.96%, respectively. However, it has significantly underperformed over the year, with a decline of 30.21%. The company is facing challenges such as high debt levels, negative returns on equity, and a consistent decline in profits, which have contributed to its weak long-term fundamental strength.
In the broader market context, while the Sensex has only increased by 0.46% over the past week, Shivam Autotech's short-term performance has been notably stronger, indicating some resilience. However, the stock's long-term performance remains concerning, as it has underperformed against the benchmark over the last three years. The company's high debt-to-equity ratio and declining sales growth further exacerbate investor concerns, leading to reduced participation in trading, as evidenced by a significant drop in delivery volume. Overall, these factors suggest a challenging environment for Shivam Autotech, contributing to its recent price decline.