Why is Vaxtex Cotfab falling/rising?

As of 24-Sep, Vaxtex Cotfab Ltd's stock price is currently at 0.99, reflecting a decline of 0.06 or 5.71%. The stock has underperformed its sector by 5.28% today, and while it is trading higher than its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages. Over the past week, the stock has decreased by 14.66%, and in the last month, it has fallen by 19.51%. Despite a positive PAT growth of 112.50% reported for the nine-month period ending June 25, the company faces significant challenges, including operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -2.30. Additionally, a decrease in promoter stake by 1.63% suggests reduced confidence in the company's future.
In the broader market context, Vaxtex Cotfab's recent performance contrasts sharply with the Sensex, which has only declined by 1.08% over the past week and increased by 0.75% over the last month. The company's year-to-date return of 10.00% is positive compared to the Sensex's 5.97%, but the long-term outlook appears bleak, with a staggering 80.78% decline over three years versus the Sensex's 44.61% gain. The stock's high PEG ratio of 0.2, despite a 16.47% return over the past year, indicates that the stock is trading at risky valuations, further contributing to its downward pressure in the market.