Why is Ucal falling/rising?

As of 18-Jul, Ucal Ltd's stock price is currently at 148.50, reflecting a decline of 2.65, or 1.75%. The stock has been underperforming, having fallen consecutively for the last two days with a total return of -2.85% during this period. In the past month, the stock has decreased by 5.29%, and year-to-date, it has seen a significant drop of 26.10%. The company is facing operational challenges, as indicated by a negative profit after tax of Rs -20.58 crore, which has fallen sharply compared to previous quarters. Additionally, the stock's liquidity is adequate, but there has been a notable decrease in investor participation, with delivery volume dropping by 42.93% against the five-day average.
In the broader market context, Ucal Ltd's performance has been consistently below that of the benchmark, with a one-year return of -11.24% compared to a positive return of 0.51% for the Sensex. The stock's weak long-term fundamentals, including a high debt-to-EBITDA ratio and low return on equity, further contribute to its declining price. Over the last three years, Ucal has underperformed the BSE500 in each annual period, indicating a persistent trend of underperformance relative to the market. This combination of poor financial metrics and declining investor interest suggests a challenging outlook for Ucal Ltd, leading to its current price decline.