Why is Virgo Global falling/rising?

As of 31-Jul, Virgo Global Ltd's stock price is currently at 5.54, reflecting a decrease of 0.29, or 4.97%. The stock has underperformed its sector today by 4.37%, and its delivery volume has significantly dropped by 89.15% compared to the 5-day average, indicating a falling investor participation. Over the past week, the stock has declined by 5.30%, while it has shown a positive return of 9.92% over the last month. However, the stock's year-to-date performance is concerning, with a decline of 24.93%, and a staggering 41.31% drop over the past year. The company's weak long-term fundamentals, characterized by a -13.65% CAGR growth in operating profits over the last five years and a negative EBIT to interest ratio of -0.34, contribute to its current price movement. Additionally, the stock's return on equity of 9.60% suggests low profitability, and the negative EBITDA further emphasizes the risks associated with investing in this stock.
In the broader market context, while the benchmark Sensex has experienced a decline of only 1.22% over the past week, Virgo Global's performance has been significantly worse, indicating a lack of investor confidence. The stock's year-on-year return of -41.31% starkly contrasts with the Sensex's slight decline of 0.68%, highlighting its underperformance relative to the market. This underperformance is compounded by the company's flat results in March 2025 and the lowest recorded ROCE at -101.23%, which raises concerns about its operational efficiency. Overall, the combination of weak fundamentals, declining investor interest, and significant underperformance against the benchmark suggests that Virgo Global Ltd's stock is facing considerable challenges, leading to its current downward price movement.