Why is Vivanta Indust. falling/rising?

As of 17-Nov, Vivanta Industries Ltd is experiencing a decline in its stock price, currently at Rs. 2.02, which reflects a decrease of Rs. 0.14 or 6.48%. The stock has recently hit a new 52-week low of Rs. 1.94 and has been underperforming its sector by 5.25%. Over the past week, the stock has fallen by 6.91%, and its performance over the last month shows a significant drop of 15.48%. Despite declaring positive results for the last three consecutive quarters, including a notable growth in net sales, 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 has generated a return of -41.95% over the past year, with profits falling by 166%, contributing to its recent price decline.
In the broader market context, the stock's short-term performance is notably worse than the benchmark, with the Sensex gaining 1.69% over the past week while Vivanta Industries Ltd has lost 6.91%. This stark contrast highlights the stock's underperformance relative to the market. Furthermore, the company's liquidity appears adequate for trading, but the overall sentiment remains negative due to its weak profitability and inability to service debt effectively. The combination of these factors has led to a bearish outlook for the stock, resulting in its continued decline.