Why is Supreme Engg. falling/rising?

As of 18-Aug, Supreme Engineering Ltd's stock price is currently at Rs. 1.20, reflecting a decline of Rs. 0.07 or 5.51%. The stock has hit a new 52-week low today and has underperformed its sector by 7.22%. Over the past week, the stock has decreased by 5.51%, while its performance over the past month shows a significant decline of 24.05%. The company has not declared results in the last six months, and its long-term fundamentals appear weak, with net sales declining at an annual rate of 39.11% and a negative net worth. Additionally, the stock is trading below all its moving averages, indicating a bearish trend.
In the broader market context, the BSE Small Cap index has gained by 1.39%, contrasting with Supreme Engineering's poor performance. While the Sensex has shown a slight increase of 1.19% over the past week, Supreme Engineering's stock has significantly lagged behind, highlighting its struggles in comparison to the benchmark. The company has reported losses for five consecutive quarters, and its negative EBITDA further underscores the risks associated with investing in this stock. Overall, the combination of poor financial performance, high debt, and lack of recent positive developments has contributed to the stock's downward trajectory.