Why is Sybly Industries falling/rising?

As of 25-Jun, Sybly Industries Ltd is experiencing a decline in its stock price, currently at Rs. 1.79, which represents a decrease of 0.09 or 4.79%. The stock has hit a new 52-week low today and has been on a consecutive fall for the last 17 days, resulting in a significant drop of 56.55% during this period. Additionally, the stock has underperformed its sector by 6.02% today. Over the past year, Sybly Industries has generated a return of -74.57%, and its performance has been consistently poor, with net sales declining at an annual rate of -100.00% over the last five years. The company also faces high debt levels, indicated by a Debt-Equity Ratio of 5.95 times, and a negative EBITDA, which further weakens its long-term fundamental strength.
In the broader market context, the stock's performance has been notably worse than the benchmark, with a one-week return of -21.49% compared to a positive return of +1.61% for the Sensex. This trend of underperformance extends over multiple periods, including a year-to-date decline of -66.85% against a +5.91% gain in the benchmark. The stock's liquidity appears adequate, with a delivery volume increase of 20.45% against the five-day average, but the overall sentiment remains negative due to the company's weak financial indicators and consistent underperformance relative to the market.