Why is Sparc Electrex falling/rising?

As of 18-Nov, Sparc Electrex Ltd's stock price is currently at 6.05, reflecting a decline of 0.3, or 4.72%. The stock has been underperforming significantly, with a consecutive fall over the last two days resulting in a total drop of 9.16%. In terms of returns, the stock has shown a negative performance of 7.63% over the past week and 1.31% over the past month, while year-to-date it has plummeted by 57.39%. The company's financial health is concerning, as it has reported operating losses and a weak ability to service its debt, indicated by a negative EBIT to Interest ratio of -0.64. Additionally, the stock is trading below all moving averages, suggesting a bearish trend.
In the broader market context, the Sensex has shown a positive return of 0.96% over the past week and 0.86% over the past month, contrasting sharply with Sparc Electrex's negative returns. This underperformance is further highlighted by the stock's significant decline of 51.60% over the past year, while the broader market has gained 8.36%. Although there has been a rise in investor participation, with delivery volume increasing by 25.34%, the overall sentiment remains negative due to the company's weak long-term fundamentals and a risky trading profile, leading to its classification as a strong sell.