Why is Sybly Industries falling/rising?

As of 23-Jun, Sybly Industries Ltd is experiencing a decline in its stock price, currently at Rs. 1.97, which reflects a decrease of 0.1 or 4.83%. The stock has hit a new 52-week low today and has been on a downward trajectory for the last 15 days, resulting in a significant drop of 52.18% during this period. Over the past week, the stock has underperformed the sector by 7.58% and has shown a staggering decline of 63.52% year-to-date. The company's financial health is concerning, with a high debt-to-equity ratio of 5.95 times and a negative EBITDA, indicating weak long-term fundamental strength. Additionally, the net sales have plummeted at an annual rate of -100.00% over the last five years, and the recent quarterly profit after tax has fallen by 820.9% compared to the previous four-quarter average.
In the broader market context, while the Sensex has shown a slight increase of 0.12% over the past week, Sybly Industries has significantly lagged behind, with a 21.51% decline in the same period. The stock's consistent underperformance against the benchmark is evident, as it has generated returns of -71.86% over the last year, while the Sensex has increased by 6.07%. Despite a rise in investor participation, as indicated by a 14.01% increase in delivery volume, the overall sentiment remains negative due to the company's weak financial metrics and high debt levels, contributing to its ongoing decline in stock price.