Why is Tijaria Polypipe falling/rising?

As of 03-Nov, Tijaria Polypipes Ltd is experiencing a decline in its stock price, currently at 6.10, which reflects a decrease of 0.36 or 5.57%. The stock has underperformed its sector by 7.01% today, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 4.69%, and it has seen a significant drop of 50.00% year-to-date. The company is facing challenges, including a negative book value and poor long-term growth, with net sales declining at an annual rate of 100% and operating profit stagnating at 0%. Additionally, the stock is considered risky due to negative EBITDA and a high debt-to-equity ratio, which has contributed to falling participation from institutional investors.
In the broader market context, Tijaria Polypipes Ltd's recent performance contrasts sharply with the benchmark Sensex, which has gained 3.41% over the past month. While the Sensex has shown resilience, Tijaria Polypipes has struggled, with a year-to-date return of -50.00% compared to the Sensex's positive return of 7.47%. This disparity highlights the stock's underperformance relative to the market, further exacerbated by a significant drop in investor participation, as evidenced by a 70.89% decline in delivery volume against the 5-day average. The overall market conditions appear to favor more stable investments, leaving Tijaria Polypipes vulnerable to continued declines.