Why is SSPDL Ltd falling/rising?

As of 05-Jun, SSPDL Ltd's stock price is currently at Rs 19.25, reflecting a decline of Rs 1.75 or 8.33%. Today's price summary indicates that the stock has underperformed its sector by 10.6% and has experienced a trend reversal after four consecutive days of gains. The stock reached an intraday high of Rs 21.5 but fell to a low of Rs 19.16, showcasing high volatility with a wide trading range of Rs 2.34. Over the past week, the stock has shown a return of 15.13%, while its year-to-date performance is down by 9.62%. The company is facing challenges due to high debt levels, evidenced by a Debt-Equity Ratio of 21.2 times, and poor long-term growth metrics, including a significant decline in net sales. Additionally, the stock is technically in a mildly bearish range, further contributing to its recent price decline.
In the broader market context, SSPDL Ltd's short-term performance has outpaced the Sensex, which has seen a slight decline of 0.23% over the same week. However, the stock's year-to-date performance contrasts sharply with the Sensex's gain of 4.23%, indicating a struggle to maintain investor confidence. The construction and real estate sector has gained by 2.28%, yet SSPDL Ltd's falling investor participation, marked by a 50.82% drop in delivery volume, suggests a lack of interest among investors. Overall, the combination of high debt, weak fundamentals, and negative technical indicators has led to the stock's current downward trajectory.