Why is Starlog Enterp. falling/rising?

As of 30-Sep, Starlog Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 52.85, reflecting a decrease of Rs 5.81 or 9.9%. The stock has underperformed its sector significantly today, with a performance drop of 10.77%. It touched an intraday low of Rs 52.8 and has shown high volatility with an intraday fluctuation of 5.8%. The stock is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, the delivery volume has decreased dramatically, falling by 86.76% compared to the 5-day average, suggesting reduced investor interest. The company's fundamentals are weak, with operating losses and a negative growth trajectory in net sales and operating profit over the past five years, contributing to the stock's downward movement.
In the broader market context, Starlog Enterprises has underperformed compared to the Sensex, which has seen a slight increase of 0.57% over the past month, while Starlog's stock has declined by 10.59% in the same period. This stark contrast highlights the company's struggles relative to the overall market. Furthermore, while the stock has shown a positive year-to-date return of 13.75%, its long-term performance is concerning, with a return of -4.77% over the past year, indicating a decline in profitability. The company's weak ability to service its debt and negative operating profits further exacerbate the risks associated with investing in Starlog Enterprises, reinforcing the bearish sentiment surrounding its stock.