Why is Surat Trade falling/rising?

As of 23-Jul, Surat Trade & Merchantile Ltd's stock price is currently at 6.38, reflecting a decrease of 0.02, or 0.31%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 2.74% during this period. It is trading below all its moving averages, indicating a bearish trend. Additionally, the stock has shown significant underperformance against the benchmark, with a 1-week return of -2.60% compared to the Sensex's slight gain of 0.11%. The company's financial health is concerning, as it reported an operating loss and a negative EBITDA, with a poor ability to service its debt, which has contributed to its weak long-term fundamental strength.
Broader Market Context: The broader market context shows that while the Sensex has gained 1.01% over the past month, Surat Trade has declined by 4.20%, highlighting its consistent underperformance against the benchmark. The stock's liquidity is also a concern, with a significant drop in delivery volume, indicating reduced investor interest. Overall, the company's weak financial performance, including a substantial drop in net sales and a negative profit after tax, combined with its historical underperformance, suggests that the stock is facing significant challenges in the current market environment.