Why is Sri Lak.Sar.Arni falling/rising?

As of 12-Sep, Sri Lakshmi Saraswathi Textiles (Arni) Ltd is experiencing a decline in its stock price, currently at 39.50, reflecting a decrease of 0.5 or 1.25%. The stock has underperformed its sector today by 0.67%, and while it is higher than the 20-day moving averages, it remains below the 5-day, 50-day, 100-day, and 200-day moving averages. The stock has shown mixed performance over various periods, with a 1-month return of 3.21%, but a year-to-date return of only 1.28%. The company faces significant challenges, including a negative book value and weak long-term fundamental strength, with net sales growing at a mere 6.08% annually over the last five years. Additionally, the company has a high debt level, indicated by a debt-to-equity ratio of 0 times, and has reported flat results, which contribute to its risky trading status.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has gained 1.48% over the past week and 2.08% over the past month. This underperformance highlights the stock's struggles relative to the overall market. Despite a rise in investor participation, with delivery volume increasing by 11.23% against the 5-day average, the stock's negative EBITDA and low debtor turnover ratio indicate underlying financial issues that may deter investors. Overall, the combination of weak fundamentals, high debt, and poor recent performance relative to the benchmark suggests that the stock's decline is influenced by both company-specific challenges and broader market dynamics.