Why is Tijaria Polypipe falling/rising?

As of 18-Sep, Tijaria Polypipes Ltd is experiencing a decline in its stock price, currently at 6.26, reflecting a decrease of 0.16 or 2.49%. The stock has underperformed its sector by 1.84% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 4.72%. Over the past week, the stock has seen a significant decline of 9.01%, and its year-to-date performance shows a staggering drop of 48.69%. The company is trading below all key moving averages, indicating a bearish trend. Additionally, while there has been a notable increase in delivery volume, the company faces serious challenges, including a negative book value, high debt levels, and poor long-term growth metrics, which contribute to its weak fundamental strength.
In the broader market context, Tijaria Polypipes Ltd's recent performance contrasts sharply with the Sensex, which has gained 1.80% over the past week. The stock's long-term performance is also concerning, with a 52.79% decline over the past year, underperforming the BSE500 index. This underperformance is compounded by the company's negative EBITDA and a debt-to-equity ratio of zero, indicating financial instability. Overall, the combination of poor financial health, negative growth rates, and a lack of institutional support suggests that the stock is facing significant headwinds, leading to its current downward trajectory.