Why is Sir Shadi Lal falling/rising?

As of 22-Sep, Sir Shadi Lal Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 230.00, reflecting a decrease of 6.0 points or 2.54%. The stock has underperformed its sector by 1.99% today and has been on a consecutive downward trend for the last two days, with a total decline of 7.98% during this period. Although the stock opened with a gain of 10.17% and reached an intraday high of Rs 260, it ultimately fell to its current low. The company has reported negative results for the last five consecutive quarters, with a negative book value and weak long-term fundamental strength, which has contributed to investor concerns and the stock's recent performance.
In the broader market context, the stock's performance over the past week shows a decline of 2.19%, while the Sensex has increased by 0.46%. Year-to-date, Sir Shadi Lal has seen a significant drop of 24.14%, contrasting sharply with the Sensex's gain of 5.15%. This underperformance is further highlighted by the fact that, despite the overall market generating negative returns of -3.80% in the last year, Sir Shadi Lal's stock has plummeted by 42.32%. The company's weak financial indicators, including a poor EBIT to Interest ratio and negative net worth, have made it a risky investment, leading to a lack of confidence among investors and contributing to the stock's decline.