Why is Trans India falling/rising?

As of 17-Jul, Trans India House Impex Ltd's stock price is currently at Rs. 11.90, reflecting a decrease of -0.02 (-0.17%). The stock has been on a downward trend, having lost -41.47% over the last 18 days, and it recently hit a new 52-week low of Rs. 11.33. The stock's performance has been significantly poor, with a -55.93% return over the past year, and it has consistently underperformed against the BSE500 index. Additionally, the company's promoter holding has decreased to 27.68%, indicating potential concerns about investor confidence. The company has reported negative results for the last four consecutive quarters, with net sales and profit after tax both declining by -27.10%. This weak financial performance, coupled with a high debt to EBITDA ratio of 8.44 times, suggests a lack of fundamental strength, contributing to the stock's decline.
In the broader market context, Trans India's short-term performance has been notably worse than the benchmark, with a -14.45% return over the past week compared to a -1.12% decline in the Sensex. This stark contrast highlights the stock's significant underperformance relative to the market. Furthermore, the stock's liquidity appears to be diminishing, as evidenced by an 81.74% drop in delivery volume against the five-day average. Overall, the combination of poor financial results, declining investor participation, and a lack of positive momentum in the market has led to the continued fall in Trans India's stock price.