Why is Uniroyal Marine falling/rising?

As of 31-Jul, Uniroyal Marine Exports Ltd is experiencing a decline in its stock price, currently at 16.44, which reflects a decrease of 0.86 or 4.97%. The stock has underperformed its sector by 3.69% today and has been on a downward trend, losing 7.38% over the last two days. Over the past week, the stock has fallen by 6.06%, and year-to-date, it has seen a significant drop of 20.96%. Despite reporting positive growth in net sales and profits in recent quarters, the company's high debt levels, indicated by a debt-equity ratio of 14.01 times, and poor long-term growth prospects have contributed to its negative performance. Additionally, the stock's delivery volume has drastically decreased, suggesting falling investor participation.
In the broader market context, while the Sensex has only declined by 1.22% over the past week, Uniroyal Marine's performance has been considerably worse, indicating a lack of investor confidence. The stock has underperformed the market over the past year, with a return of -14.15% compared to the benchmark's -3.20%. This stark contrast highlights the company's struggles, particularly in light of its weak long-term fundamentals and negative EBITDA, which make it a risky investment. Overall, the combination of high debt, poor historical growth, and recent erratic trading patterns has led to the stock's continued decline.