Why is Shyam Century falling/rising?

As of 14-Nov, Shyam Century Ferrous Ltd's stock price is currently at Rs. 5.88, reflecting a decline of Rs. 0.16, or 2.65%. The stock has recently hit a new 52-week low of Rs. 5.77 and has been on a downward trend, having fallen consecutively for the last two days, resulting in a total decline of 5.31%. Over the past week, the stock has underperformed significantly, with a return of -6.96% compared to the Sensex's gain of +1.62%. The company's financial health is concerning, as it has reported negative results for the last three consecutive quarters, with a net sales decline and a negative EBITDA. Additionally, promoter confidence appears to be waning, as they have reduced their stake in the company, which may further impact investor sentiment negatively.
Broader market context indicates that Shyam Century has consistently underperformed against the benchmark indices over the past three years, with a staggering -59.70% return in the last year alone, while the Sensex has gained +9.00%. This stark contrast highlights the company's struggles in generating positive growth, as evidenced by its poor long-term performance metrics, including a significant drop in net sales and operating profit. While there has been a slight increase in investor participation, as shown by a 14.03% rise in delivery volume, the overall market sentiment remains cautious due to the company's ongoing financial difficulties and lack of growth prospects.