Why is Amin Tannery falling/rising?

As of 17-Sep, Amin Tannery Ltd's stock price is currently at 2.07, reflecting a decrease of 0.02 or 0.96%. The stock has underperformed its sector today by 1.49% and has experienced a trend reversal, falling after two consecutive days of gains. In terms of returns, the stock has shown a modest increase of 0.98% over the past week and 1.97% over the past month, but it has significantly underperformed over the longer term, with a year-to-date decline of 17.20% and a three-year drop of 27.87%. The company is characterized by high debt, with a debt-to-equity ratio of 2.33, and has shown weak long-term growth, which contributes to its recent price movement.
In the broader market context, the stock's short-term performance is lagging behind the benchmark, with the Sensex gaining 1.56% over the past week and 2.60% over the past month. This consistent underperformance against the benchmark, coupled with a return on equity of only 2.17%, indicates low profitability and investor confidence. Additionally, the falling investor participation, as evidenced by a 19.71% drop in delivery volume, suggests reduced interest in the stock, further contributing to its decline. Overall, the combination of high debt, weak fundamentals, and poor market performance has led to the stock's current downward trend.