Why is Sibar Auto Parts falling/rising?

As of 11-Sep, Sibar Auto Parts Ltd is experiencing a decline in its stock price, currently at 9.40, which reflects a decrease of 0.2 or 2.08%. The stock has underperformed its sector today by 1.47% and has been on a downward trend for the last two days, resulting in a total drop of 3.59%. Over the past week, the stock has decreased by 1.36%, and its performance over the last month shows a significant decline of 6.93%. Additionally, the stock has underperformed the BSE500 index over various time frames, including a staggering 29.85% drop in the past year. The company's financial health is concerning, with operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -0.72.
In the broader market context, while Sibar Auto Parts has been struggling, the Sensex has shown a positive return of 1.03% over the past week and 1.17% over the last month. This stark contrast highlights the stock's underperformance relative to the market. Despite a rise in investor participation, as evidenced by a 220.07% increase in delivery volume, the overall sentiment remains negative due to the company's weak long-term growth prospects and negative operating profits. The stock's trading below all key moving averages further indicates a bearish trend, reinforcing the perception of it being a risky investment at this time.