Why is Surat Trade falling/rising?

As of 31-Jul, Surat Trade & Merchantile Ltd's stock is currently priced at 6.33, reflecting a decline of 0.11 or 1.71%. The stock has been underperforming recently, with a consecutive fall over the last two days resulting in a total drop of 9.83%. In terms of returns, the stock has decreased by 4.67% over the past month and 21.27% year-to-date, significantly underperforming the benchmark Sensex, which has gained 3.90% year-to-date. The company is facing operational challenges, including an operating loss and a weak ability to service its debt, as indicated by a negative EBIT to Interest ratio of -2.46. Additionally, the company's net sales have reached their lowest at Rs 7.42 crore, contributing to a negative EBITDA and signaling low profitability.
Broader market context shows that the textile sector, in which Surat Trade operates, has also experienced a decline of 2.44%. Despite the stock's recent performance, it has outperformed its sector by 0.64% today. However, the stock's long-term fundamentals appear weak, with a return on capital employed of only 3.45% and a significant underperformance against the benchmark over the last three years. The stock's liquidity is adequate, with a delivery volume increase of 180.59% compared to the five-day average, but the overall negative trends in profitability and operational performance suggest continued challenges ahead for Surat Trade & Merchantile Ltd.