Why is Singer India falling/rising?

As of 03-Nov, Singer India Ltd's stock price is currently at Rs 73.30, reflecting a decline of Rs 1.7 or 2.27%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 3.32% during this period. Today's trading saw the stock reach an intraday low of Rs 72.86, indicating a negative sentiment among investors. Additionally, the stock has significantly underperformed the market over the past month, with a 20.42% decline compared to a 3.41% increase in the Sensex. The company's financial health is concerning, with a negative operating profit growth rate of -160.21% over the last five years, and a recent quarterly profit after tax of Rs -2.36 crore, which has decreased by 227.7% compared to the previous four-quarter average.
Broader market context shows that while the Sensex has generated positive returns of 3.41% over the past month, Singer India has experienced a substantial decline, highlighting its underperformance relative to the broader market. The stock's liquidity appears adequate, but falling investor participation, as evidenced by a 26.11% drop in delivery volume, suggests waning interest. The company's low debt-to-equity ratio may provide some stability; however, the overall negative trends in profitability and sales, along with the stock's risky valuation compared to historical averages, contribute to a bearish outlook. This combination of factors indicates that Singer India is facing significant challenges, leading to its current price decline.