Why is Yuvraaj Hygiene falling/rising?

As of 30-Jun, Yuvraaj Hygiene Products Ltd is experiencing a decline in its stock price, currently at 10.17, which reflects a decrease of 0.2 or 1.93%. The stock has underperformed its sector by 3.1% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 3.88%. Despite a significant year-to-date increase of 134.87%, the stock has seen a negative performance over the past week and month, with declines of 5.75% and 9.60%, respectively. The company's recent financial results showed a remarkable growth in profit after tax and net sales, but it also faces challenges such as a negative book value, high debt levels, and a reduction in promoter confidence, which may be contributing to the current price decline.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark Sensex, which has gained 2.09% over the past week and 2.65% over the past month. This underperformance may reflect broader investor sentiment and market conditions that are not favorable for Yuvraaj Hygiene Products Ltd. The decrease in promoter stake by 11.03% could signal a lack of confidence in the company's future prospects, further impacting investor sentiment and contributing to the stock's recent struggles.