Why is Tuni Text. Mills falling/rising?

As of 07-Jul, Tuni Textile Mills Ltd is experiencing a decline in its stock price, currently at 1.39, which reflects a decrease of 0.02 or 1.42%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 2.8%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, while the stock has seen a rise in delivery volume, suggesting increased investor participation, its overall performance remains weak, with a year-to-date return of -22.78% and a one-year return of -29.80%. The company's fundamentals are also concerning, with a low Return on Capital Employed (ROCE) of 5.46% and a high Debt to EBITDA ratio, which negatively impacts its ability to service debt.
In the broader market context, Tuni Textile Mills has significantly underperformed against the benchmark, with a one-year return of -29.80% compared to the Sensex's gain of 4.31%. This consistent underperformance over the last three years highlights the stock's struggles relative to the market. Despite the company's attractive valuation metrics, such as a low PEG ratio of 0.2 and rising profits, the overall sentiment remains negative due to weak long-term fundamentals and flat sales results. Consequently, the stock's decline can be attributed to both its poor performance relative to the market and its underlying financial challenges.