Why is Surat Trade falling/rising?

As of 25-Jul, Surat Trade & Merchantile Ltd is experiencing a decline in its stock price, currently at 6.30, reflecting a decrease of 0.1 or 1.56%. The stock has underperformed in the short term, with a 1-week return of -2.93% and a 1-month return of -5.69%. Today's performance indicates that the stock has outperformed its sector by 1.31%, but it is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The company is facing significant challenges, including operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -2.46. Additionally, the latest quarterly results show a substantial decline in profit after tax and net sales, contributing to a negative EBITDA and signaling weak long-term fundamental strength.
In the broader market context, Surat Trade's performance has been notably poor compared to the benchmark, with a year-to-date return of -21.64% against the Sensex's gain of 4.25%. Over the past three years, the stock has consistently underperformed the BSE500, further highlighting its struggles in the market. The textile sector, in which the company operates, has also seen a decline of -2.97%, reflecting a challenging environment for stocks in this industry. Overall, the combination of weak financial performance, declining investor participation, and adverse market conditions contributes to the downward pressure on Surat Trade's stock price.