Why is Suraj falling/rising?

As of 07-Jul, Suraj Ltd's stock price is currently at 378.20, reflecting a decline of 5.05 points or 1.32%. The stock has been underperforming, having lost 5.92% over the past week and has experienced a consecutive fall for the last five days. Additionally, it is trading below all major moving averages, indicating a bearish trend. The company's recent financial performance has been concerning, with a significant drop in net sales of 22.87% and a high Debt to EBITDA ratio of 2.51 times, which suggests a low ability to service its debt. Despite generating a 56.44% return over the past year, the stock's profits have decreased by 44.2%, and domestic mutual funds hold no stake in the company, indicating a lack of confidence among institutional investors.
In the broader market context, Suraj Ltd's short-term performance contrasts sharply with the benchmark Sensex, which has only declined by 0.20% over the same week. While the stock has outperformed the benchmark over the long term, with a 473.03% return over three years, its recent struggles highlight a divergence in performance. The stock's liquidity remains adequate for trading, but the drastic fall in delivery volume by 88.5% against the five-day average suggests waning investor interest. Overall, the combination of poor financial results, high debt levels, and lack of institutional support contributes to the stock's downward trajectory.