Why is Sri Ramakr. Mill falling/rising?

As of 15-Sep, Sri Ramakrishna Mills (Coimbatore) Ltd is experiencing a decline in its stock price, currently at Rs 49.55, which reflects a decrease of Rs 2.95 or 5.62%. The stock has underperformed its sector by 5.92% today and opened with a significant loss of 4.19%. It reached an intraday low of Rs 45.25, indicating a high level of volatility with an intraday fluctuation of 7.41%. Over the past week, the stock has seen a return of -3.79%, while its performance over the last year shows a substantial decline of -28.22%. The company's financial health is concerning, with a high debt-to-equity ratio of 2.56 and negative operating profits, contributing to its weak long-term fundamentals. Additionally, the recent flat results in net sales and profit after tax further exacerbate the stock's downward trend.
In the broader market context, the Sensex has shown a positive return of 1.24% over the past week, contrasting sharply with the stock's negative performance. This divergence highlights the stock's underperformance not only against its sector but also against the overall market. The company's poor long-term growth, evidenced by a significant decline in operating profit over the last five years, combined with the recent flat quarterly results, positions it as a risky investment. Despite a rise in investor participation, the overall sentiment remains negative due to the company's financial struggles and high debt levels, leading to a bearish outlook for the stock.