Why is Sundaram Clayton falling/rising?

As of 14-Nov, Sundaram Clayton Ltd is experiencing a decline in its stock price, currently at 1,256.75, which represents a decrease of 42.5 points or 3.27%. The stock has hit a new 52-week low of Rs 1233 today and has been on a downward trend for the past seven days, resulting in a total decline of 19.59% during this period. Additionally, the stock has underperformed significantly compared to the benchmark Sensex, with a one-week return of -15.26% against the Sensex's +1.62%. The company's weak financial performance is highlighted by a negative PAT of Rs -64.35 crore and a low operating profit to interest ratio, indicating challenges in servicing its debt. Furthermore, despite a rise in institutional holdings, the overall sentiment remains negative due to the company's weak long-term fundamentals, including a 0% average Return on Capital Employed (ROCE) and a high Debt to EBITDA ratio of 16.11 times.
In the broader market context, Sundaram Clayton's performance has been notably poor compared to the Sensex, which has gained 8.22% year-to-date while the stock has plummeted by 50.77%. This stark contrast reflects the company's struggles in both short-term and long-term performance metrics, as it has consistently underperformed against the BSE500 over various time frames. The stock's liquidity remains adequate for trading, but the significant drop in price and negative operating profits contribute to a perception of risk among investors. Overall, the combination of weak financial results, a declining stock price, and underperformance relative to the market has led to a bearish outlook for Sundaram Clayton Ltd.