Why is Thakral Services falling/rising?

As of 28-Aug, Thakral Services (India) Ltd is experiencing a decline in its stock price, currently at 9.95, reflecting a decrease of 0.3 or 2.93%. The stock has underperformed its sector by 2.06% today, and its delivery volume has fallen by 15.87% compared to the 5-day average, indicating a decrease in investor participation. Over the past week, the stock has dropped by 6.13%, while it has shown a slight recovery of 2.05% over the past month. However, the year-to-date performance is concerning, with a staggering decline of 80.96%. The company's negative book value and weak long-term fundamentals, highlighted by a significant annual decline in net sales and a high debt-to-equity ratio, contribute to the stock's poor performance.
In the broader market context, the stock's performance has been notably worse than the benchmark, with the Sensex showing a decline of only 2.34% over the past week compared to Thakral's 6.13% drop. Additionally, while the overall market has generated negative returns of 5.01% over the last year, Thakral Services has plummeted by 73.07%, indicating a severe underperformance. This stark contrast suggests that investor sentiment towards Thakral Services is particularly negative, exacerbated by its risky financial position and lack of growth, which further diminishes confidence in its future prospects.