Why is Surana Solar falling/rising?

As of 04-Aug, Surana Solar Ltd's stock price is currently at 31.46, reflecting a decrease of 0.53, or 1.66%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.06% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company's financial health is concerning, with operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -0.96. Furthermore, the company has reported a significant decline in net sales, which have decreased by 22.55%, and it has a negative EBITDA, contributing to its classification as a strong sell.
In the broader market context, Surana Solar's performance over the past week shows a decline of 2.84%, while the benchmark Sensex has increased by 0.16%. This indicates that the stock is not only struggling in absolute terms but is also lagging behind the market. Over the past year, Surana Solar has generated a return of -18.83%, contrasting sharply with the Sensex's modest gain of 0.05%. The stock's long-term performance is also below par, with a return of 44.98% over three years compared to the benchmark's 38.97%. Overall, the combination of poor financial results, declining investor participation, and underperformance relative to the market contributes to the stock's downward movement.