Why is SRM Energy Ltd falling/rising?

As of 17-Jul, SRM Energy Ltd is currently priced at 14.82, reflecting a decrease of 0.3, or 1.98%. The stock has been underperforming recently, having fallen for three consecutive days, resulting in a total decline of 5.79% during this period. Additionally, the stock's performance over the past week shows a decline of 5.84%, while it has experienced a modest increase of 10.51% over the past month. However, the stock's long-term outlook appears weak, as indicated by a negative book value and poor growth metrics, with net sales growing at an annual rate of 0% over the last five years. The company also has a high debt-to-equity ratio and has reported negative EBITDA, contributing to its classification as a risky investment.
Broader market context reveals that the Sensex has declined by only 1.12% over the past week, highlighting SRM Energy Ltd's significant underperformance relative to the benchmark. The stock's delivery volume has drastically decreased, falling by 95.14% against the five-day average, indicating a lack of investor interest. Despite the stock being liquid enough for trading, the overall sentiment remains negative due to the company's financial instability and the recent flat results reported in March. This combination of factors has led to a bearish outlook for SRM Energy Ltd in the current market environment.