Why is Velan Hotels falling/rising?

As of 25-Aug, Velan Hotels Ltd is experiencing a decline in its stock price, currently at Rs 5.10, which represents a decrease of Rs 0.17 or 3.23%. The stock has been underperforming significantly, with a 10.84% drop over the last three days and a year-to-date decline of 33.51%. It is also trading below all key moving averages, indicating a bearish trend. The stock is close to its 52-week low, just 4.51% above Rs 4.87. Contributing to this downward movement are the company's high debt levels, reflected in a Debt-Equity Ratio of 9.15 times, and a negative EBITDA, which raises concerns about its long-term financial health. Furthermore, the stock has consistently underperformed against the benchmark, with a return of -14.86% over the past year.
In the broader market context, while the Sensex has shown a slight increase of 0.45% over the past week, Velan Hotels has seen a significant decline of 15.00% in the same period, highlighting its poor performance relative to the market. The company's weak long-term growth prospects, evidenced by stagnant net sales and operating profit, further exacerbate its challenges. Despite a rise in investor participation, as indicated by a 191.36% increase in delivery volume, the overall sentiment remains negative due to the company's financial instability and consistent underperformance against the benchmark over the last three years.