Why is Vivanta Indust. falling/rising?

As of 18-Sep, Vivanta Industries Ltd is experiencing a decline in its stock price, currently at 2.52, which represents a decrease of 0.05 or 1.95%. The stock has underperformed its sector by 1.3% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 2.33% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has also decreased significantly, falling by 35.54% against the 5-day average, indicating a drop in investor participation. Despite some positive quarterly results, including a notable increase in net sales and operating profit, the company faces significant challenges, including high debt levels and negative EBITDA, which contribute to its weak long-term fundamental strength.
In the broader market context, Vivanta Industries Ltd's recent performance contrasts sharply with the benchmark, as it has recorded a 1-week return of -1.95%, while the Sensex has gained 1.80% during the same period. Over the past year, the stock has underperformed significantly, with a return of -35.05%, compared to a mere 0.08% increase in the benchmark. This underperformance is further highlighted by the company's inability to generate consistent profitability, as indicated by a low return on equity and a high debt-to-EBITDA ratio. Overall, the combination of poor stock performance, declining investor interest, and fundamental weaknesses suggests a challenging environment for Vivanta Industries Ltd.