Why is Sutlej Textiles falling/rising?

As of 26-Sep, Sutlej Textiles and Industries Ltd is experiencing a decline in its stock price, currently at Rs 35.00, which reflects a decrease of Rs 1.32 or 3.63%. The stock has been underperforming significantly, having fallen consecutively for the last seven days, resulting in a total decline of 10.71% during this period. It is trading below all key moving averages, indicating a bearish trend. The company's recent financial performance has been concerning, with a reported operating loss and a high debt-to-EBITDA ratio of 8.68 times, which suggests a weak ability to service its debt. Furthermore, the stock has generated a return of -49.70% over the past year, highlighting its consistent underperformance against the benchmark indices.
In the broader market context, Sutlej Textiles' short-term performance has been notably worse than the benchmark, with a 1-week return of -9.00% compared to the Sensex's decline of only -2.66%. This stark contrast underscores the stock's struggle in the market. Additionally, the lack of investment from domestic mutual funds, which hold 0% of the company, may indicate a lack of confidence in its future prospects. The overall negative sentiment surrounding the stock, driven by its weak fundamentals and poor recent performance, contributes to its ongoing decline in price.