Why is Alfa Ica (I) falling/rising?

As of 30-Sep, Alfa Ica (India) Ltd is experiencing a decline in its stock price, currently at Rs 82.00, reflecting a decrease of 2.65 (-3.13%). Today's price summary indicates that the stock opened with a loss of 3.13% and touched an intraday low of Rs 82, underperforming its sector by 5.74%. Over the past week, the stock has seen a significant drop of 10.63%, while its year-to-date return stands at -15.38%. Despite a very attractive valuation with a Return on Capital Employed (ROCE) of 7.2 and trading at a discount compared to peers, the company's profits have fallen by 15.1% over the past year, contributing to the negative sentiment surrounding the stock.
In the broader market context, the Sensex has only declined by 2.23% over the past week, indicating that Alfa Ica's performance is significantly worse than the benchmark. The wood and wood products sector has gained by 2.78%, further highlighting the stock's underperformance. The company's weak long-term fundamentals, including a high Debt to EBITDA ratio of 3.86 times and low growth rates in net sales and operating profit, suggest challenges in servicing debt and sustaining growth. This combination of poor performance relative to both the sector and the benchmark, along with deteriorating financial metrics, is likely driving the stock's recent decline.