Why is Vivanta Indust. falling/rising?

As of 04-Aug, Vivanta Industries Ltd is currently priced at 2.72, reflecting a decrease of 0.03 or 1.09%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 3.55%. Over the past week, the stock has decreased by 4.90%, and year-to-date, it has seen a significant drop of 26.49%. Despite reporting the highest net sales of Rs 101.87 crore in March 2025, the company is facing challenges such as operating losses and a high debt-to-EBITDA ratio of 6.38 times, indicating weak long-term fundamental strength. Additionally, the stock is trading below all its moving averages, which suggests a bearish trend.
In the broader market context, while the Sensex has shown a slight increase of 0.16% over the past week, Vivanta Industries has significantly lagged behind, underperforming the sector by 2.08%. The stock's negative performance is further highlighted by its year-over-year return of -31.31%, compared to the market's modest decline of only 2.34%. This stark contrast underscores the stock's riskiness, particularly given its negative EBITDA and low return on equity of 4.10%, which signifies low profitability per unit of shareholders' funds. Overall, the combination of poor financial metrics and underperformance relative to the market contributes to the stock's current downward trajectory.