Why is Vivanta Indust. falling/rising?

As of 22-Sep, Vivanta Industries Ltd is currently priced at 2.53, showing no change (0.00%). The stock has underperformed in recent periods, with a 1-week return of -0.78% and a 1-month return of -6.64%. Today's performance indicates that the stock has outperformed its sector by 0.7%, but it is trading below all moving averages (5-day, 20-day, 50-day, 100-day, and 200-day). Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 18.04% compared to the 5-day average. Despite positive quarterly results, including a substantial increase in net sales and the highest operating profit to net sales ratio, the company faces challenges such as high debt levels and negative EBITDA, which contribute to its weak long-term fundamental strength.
In the broader market context, the stock's performance has been notably poor compared to the benchmark, with a year-to-date return of -31.62% against the Sensex's 5.15% gain. Over the past year, Vivanta Industries has generated a return of -34.11%, while the BSE500 has also outperformed it. This underperformance in both short-term and long-term metrics, coupled with the company's financial struggles, positions the stock as a risky investment, leading to a lack of confidence among investors.