Why is Triveni Glass falling/rising?

As of 02-Sep, Triveni Glass Ltd is currently priced at 13.44, reflecting a decrease of 0.34 or 2.47%. The stock has underperformed its sector today by 1.41% and has experienced a trend reversal, falling after two consecutive days of gains. It is trading below all key moving averages, indicating a bearish trend. Additionally, the delivery volume has significantly dropped by 45.74% compared to the 5-day average, suggesting declining investor interest. Over the past year, the stock has generated a return of -33.17%, and its financial fundamentals are weak, characterized by a negative book value and high debt levels, which have contributed to its poor long-term growth prospects.
In the broader market context, Triveni Glass has underperformed against the benchmark, with a 1-week return of -2.40% compared to the Sensex's -0.78%. This consistent underperformance is evident over multiple periods, including a 3-year return of -43.41% against a 36.32% gain for the benchmark. The company's weak financial performance, including a negative EBITDA and a significant decline in profits, further exacerbates its challenges in attracting investors, leading to its current price decline.