Why is Sybly Industries falling/rising?

As of 27-Jun, Sybly Industries Ltd is experiencing a decline in its stock price, currently at Rs. 1.63, which represents a decrease of 0.08 or 4.68%. The stock has hit a new 52-week low today and has been on a consecutive downward trend for the last 19 days, resulting in a significant total return drop of 60.44% during this period. Additionally, the stock has underperformed its sector by 4.06%. The company's financial health is concerning, with a high debt-to-equity ratio of 5.95 times and negative EBITDA, indicating weak long-term fundamental strength. The net sales have shown an alarming annual growth rate of -100.00% over the last five years, and the recent quarterly performance has also been dismal, with a PAT of Rs -26.08 crore, reflecting a drastic fall of 820.9% compared to the previous four-quarter average.
In the broader market context, Sybly Industries has significantly underperformed against the benchmark, with a one-week return of -21.26% compared to the Sensex's gain of 2.00%. Over the past year, the stock has generated a return of -77.64%, while the benchmark has increased by 6.08%. This consistent underperformance highlights the company's struggles relative to the market, further exacerbated by its weak financial metrics and high debt levels. Despite a rise in investor participation with a delivery volume increase of 68.41% against the five-day average, the overall sentiment remains negative, indicating that investors are cautious about the stock's future performance.