Why is Tijaria Polypipe falling/rising?

As of 09-Jul, Tijaria Polypipes Ltd is experiencing a decline in its stock price, currently at 8.05, which reflects a decrease of 0.19 or 2.31%. The stock has been underperforming significantly, with a consecutive fall over the last five days resulting in a total decline of 19.42%. Despite a higher delivery volume indicating some rising investor participation, the stock's performance today has underperformed its sector by 2.67%. Over the past year, Tijaria Polypipes has generated a staggering negative return of 51.33%, highlighting its weak long-term fundamentals, including a negative book value and poor growth metrics, such as net sales declining at an annual rate of 100% and an operating profit drop of 211.25%. Additionally, the company carries a high debt burden, which further exacerbates its financial instability.
In the broader market context, Tijaria Polypipes' performance has been notably poor compared to the benchmark, as the Sensex has shown a modest gain of 1.43% over the past year. The stock's recent struggles are compounded by a decrease in institutional investor participation, which has fallen by 0.56% in the last quarter, indicating a lack of confidence from more sophisticated investors. This decline in institutional interest, coupled with the company's negative EBITDA and weak financial indicators, suggests that the stock is trading at a risky valuation compared to its historical performance. Overall, the combination of poor financial health, declining investor confidence, and significant underperformance relative to the market has led to the stock's current downward trajectory.