Why is Ventura Textiles falling/rising?

As of 28-Aug, Ventura Textiles Ltd is experiencing a decline in its stock price, currently at Rs. 9.20, which reflects a decrease of Rs. 0.7 or 7.07%. The stock has hit a new 52-week low of Rs. 8.16 today and has underperformed its sector by 7.27%. Over the past three days, the stock has consistently fallen, resulting in a total decline of 12.13%. Additionally, Ventura Textiles is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company is facing significant challenges, including a negative book value, a high debt-to-equity ratio, and a substantial decline in net sales and profits over the past five years. Promoter confidence is also waning, as evidenced by a 0.64% reduction in their stake in the company.
In the broader market context, Ventura Textiles has seen a 1-week return of -11.71%, significantly underperforming the Sensex, which has only declined by 2.34% during the same period. This stark contrast highlights the stock's struggles relative to the overall market. The company's poor long-term growth prospects, coupled with a negative EBITDA and decreasing promoter confidence, further exacerbate its challenges, leading to a lack of investor interest and participation. Overall, these factors contribute to the stock's downward trajectory in a market that is not as severely affected.