Why is Simplex Realty falling/rising?

As of 01-Aug, Simplex Realty Ltd is experiencing a decline in its stock price, currently at Rs 171.00, which reflects a decrease of Rs 8.8 or 4.89%. The stock has underperformed its sector by 3.32% today, opening with a loss of 4.89% and reaching an intraday low of Rs 170.85. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The company has reported significant operating losses, with a negative return on capital employed (ROCE) and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of -4.10. Furthermore, the stock's delivery volume has plummeted by 99.64% compared to the 5-day average, suggesting a lack of investor interest.
In the broader market context, Simplex Realty's performance over the past week shows a decline of 12.69%, while the benchmark Sensex has only decreased by 1.06%. This stark contrast highlights the stock's underperformance relative to the market. Year-to-date, Simplex Realty has fallen by 15.62%, while the Sensex has gained 3.15%. The company's flat results and negative EBITDA further contribute to its risk profile, making it a strong sell in the current market environment. Overall, the combination of poor financial performance, declining investor participation, and significant underperformance against the benchmark indicates that Simplex Realty is facing considerable challenges.