Why is Sparc Electrex falling/rising?

As of 14-Jul, Sparc Electrex Ltd is currently priced at 7.38, reflecting a decrease of 0.15, or 1.99%. The stock has been underperforming, having lost 7.98% over the past week and has seen a consecutive decline over the last five days. Today's performance indicates that it has underperformed its sector by 3.7%. The stock is trading higher than its 20-day moving average but lower than its 5-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 72.01% compared to the 5-day average. The company is facing operational losses and has a high Debt to EBITDA ratio, indicating weak long-term fundamental strength, which contributes to its declining stock price.
In the broader market context, the Sensex has decreased by 1.42% over the past week, which is less than the stock's decline, suggesting that Sparc Electrex is underperforming relative to the market. The stock has generated a return of -62.25% over the past year, significantly worse than the Sensex's 2.15% return during the same period. This stark contrast highlights the company's struggles, particularly with low profitability and negative EBITDA, which have led to a perception of increased risk among investors. Overall, the combination of poor financial performance, declining investor interest, and significant underperformance against the benchmark has resulted in the stock's downward movement.