Why is SRM Energy Ltd falling/rising?

As of 24-Jun, SRM Energy Ltd's stock price is currently at 12.67, reflecting a decline of 0.66, or 4.95%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 9.63% during this period. Over the past week, the stock has decreased by 5.52%, and in the last month, it has seen a significant decline of 16.37%. The stock's performance today has underperformed its sector by 5.99%. Additionally, the company is facing challenges such as a negative book value, high debt levels, and flat net sales growth, which contribute to its weak long-term fundamental strength and overall riskiness.
In the broader market context, while the Sensex has gained 0.58% over the past week and 0.41% over the last month, SRM Energy Ltd's performance has been notably poor, indicating a stark contrast to the market trends. The stock has underperformed the market significantly over the past year, with a return of -24.63% compared to the Sensex's 6.10%. This underperformance, coupled with falling investor participation and liquidity issues, suggests that the stock is struggling to attract investor confidence, further exacerbating its price decline.