Why is Ventura Textiles falling/rising?

As of 24-Jul, Ventura Textiles Ltd is experiencing a decline in its stock price, currently at 10.46, which reflects a decrease of 0.15 or 1.41%. The stock has underperformed its sector by 1.43% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 2.15% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 1.97%, and it has shown a significant year-to-date decline of 40.70%. The company is facing challenges such as a negative book value and a weak long-term fundamental strength, with net sales declining at an annual rate of 38.98% and a high debt-to-equity ratio, which contributes to its poor performance.
In the broader market context, while the Sensex has shown a slight increase of 0.16% over the past month, Ventura Textiles has lagged behind with a decline of 0.57%. The stock's performance has been notably poor over the last year, with a return of -36.61%, contrasting sharply with the Sensex's gain of 2.54% during the same period. This underperformance is compounded by the company's negative EBITDA and a history of falling profits, which have decreased by 112.8% over the past year. Overall, the combination of weak financial fundamentals and a lack of positive momentum in the stock price contributes to the ongoing decline of Ventura Textiles Ltd.