Why is Suraj falling/rising?

As of 29-Aug, Suraj Ltd's stock price is currently at Rs 304.15, reflecting a decline of Rs 19.85 or 6.13%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 9.28% during this period. It is also trading close to its 52-week low, just 2.32% above Rs 297.1. Over the past week, the stock has decreased by 8.95%, and its year-to-date performance shows a significant drop of 41.49%. The company's financial health is concerning, with a high Debt to EBITDA ratio of 2.51 times and a substantial decline in profits, which have fallen by 55.6% over the past year. Additionally, domestic mutual funds hold no stake in the company, indicating a lack of confidence in its valuation or business prospects. In the broader market context, Suraj Ltd's performance contrasts sharply with the Sensex, which has only declined by 1.84% over the past week. This stark difference highlights the stock's significant underperformance relative to the market. While the stock is trading at a discount compared to its peers, the negative financial indicators, including a drop in net sales and poor operating cash flow, contribute to a bearish outlook. The company's weak long-term growth prospects, as evidenced by low annual growth rates in net sales and operating profit, further exacerbate investor concerns, leading to the stock's downward trajectory.