Why is TPI India falling/rising?

As of 29-Jul, TPI India Ltd is currently priced at 15.01, reflecting a slight increase of 0.01 or 0.07%. Despite this minor uptick, the stock has shown a significant decline over various periods, with a 1-week return of -11.65% and a year-to-date return of -24.95%. Today's performance indicates that TPI India has underperformed its sector by 1.21%, and it is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The company is facing challenges such as a negative book value and high debt levels, which contribute to its weak long-term fundamental strength. Additionally, net sales have decreased by 9.3% in the latest quarter compared to the previous four-quarter average, further indicating financial struggles.
In the broader market context, TPI India's recent performance contrasts sharply with the Sensex, which has only declined by 1.03% over the past week and has shown a positive year-to-date return of 4.09%. This stark difference highlights the stock's underperformance relative to the benchmark. The company has also generated a return of -30.38% over the past year, while the Sensex has remained nearly flat at -0.02%. Overall, TPI India's weak financial indicators, combined with its poor performance against the broader market, suggest a challenging environment for the stock, reinforcing its status as a risky investment.