Why is Suncity Synth. falling/rising?

As of 28-Aug, Suncity Synthetics Ltd is experiencing a decline in its stock price, currently at 14.41, down by 0.37 or 2.5%. The stock has underperformed its sector by 2.7% today, and while it is higher than its 5-day moving averages, it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a positive return of 4.57%, contrasting with a significant decline of 13.71% over the past month. Despite some positive operating cash flow results and increased foreign institutional investor (FII) holdings, the company faces challenges such as a negative book value, high debt levels, and poor long-term growth metrics, which contribute to its recent price movement.
In the broader market context, Suncity Synthetics Ltd has significantly underperformed compared to the benchmark, with a year-to-date return of -28.66% against the Sensex's positive return of 2.48%. This stark contrast highlights the stock's struggles, particularly as it has generated a return of -63.70% over the past year while the broader market has only declined by 2.08%. The company's weak fundamentals, including a high debt-to-equity ratio and negative EBITDA, further exacerbate its risk profile, leading to investor caution and contributing to the stock's downward trajectory.