Why is Veejay Lak. Eng. falling/rising?

As of N/A, Veejay Lakshmi Engineering Works Ltd is currently priced at 59.50, reflecting a decline of 4.48, or 7.0%. Unfortunately, today's price summary data is not available, which limits the analysis of immediate market reactions. Over the past week, the stock has decreased by 4.43%, and in the last month, it has fallen by 6.28%. Year-to-date, the stock has seen a significant drop of 33.11%, while its one-year return stands at a loss of 34.79%. The company is facing operating losses and has demonstrated weak long-term fundamental strength, with poor growth in net sales and operating profit over the last five years. Additionally, the company has a high debt-to-EBITDA ratio, indicating low ability to service its debt, which contributes to the stock's negative sentiment.
In the broader market context, Veejay Lakshmi Engineering Works Ltd has underperformed compared to the benchmark index, with the Sensex showing a lesser decline of 2.34% over the past week and a 1.00% drop over the past month. This stark contrast highlights the company's struggles, particularly as it has generated a return of -34.79% over the past year, significantly worse than the broader market's negative return of -5.01%. The stock's performance is further exacerbated by its negative EBITDA and flat results in recent quarters, which have raised concerns among investors, leading to its classification as a strong sell.