Why is Aditya Bir. Fas. falling/rising?

As of 06-Nov, Aditya Birla Fashion & Retail Ltd is experiencing a decline in its stock price, currently at 78.22, which reflects a decrease of 5.96 points or 7.08%. The stock has underperformed its sector by 4.62% today and has been on a downward trend, losing 8.3% over the last two days. It opened with a loss of 2.27% and reached an intraday low of Rs 77.7. Over the past week, the stock has decreased by 5.74%, and it has shown a significant decline of 22.03% over the past year. The company's fundamentals are concerning, with a weak long-term growth rate in operating profits and a high debt-to-EBITDA ratio, leading to negative returns on equity. Additionally, the company reported poor financial results in its latest quarter, further contributing to investor skepticism.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has shown a modest increase of 1.86% over the past month. While the retail sector has also faced a decline of 2.32%, Aditya Birla Fashion & Retail Ltd's performance has been particularly weak, with a year-to-date return of -16.29% compared to the Sensex's gain of 6.62%. The falling investor participation, as indicated by a decrease in delivery volume, coupled with the company's negative operating profits and below-par performance relative to the BSE500, suggests a challenging environment for the stock, reinforcing its current downward trajectory.