Why is Arfin India falling/rising?

As of 04-Jul, Arfin India Ltd's stock price is currently at 25.45, reflecting a decrease of 0.04 or 0.16%. The stock has been experiencing a downward trend, having fallen consecutively for the last two days, resulting in a total decline of 2.04% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite a healthy long-term growth rate in operating profit of 42.08% and an attractive valuation compared to peers, the stock has underperformed significantly over the past year with a return of -41.43%. This underperformance is compounded by a high Debt to EBITDA ratio of 4.50 times, indicating a low ability to service debt, and a Return on Equity of only 8.76%, suggesting low profitability per unit of shareholders' funds.
In the broader market context, Arfin India Ltd has underperformed the benchmark, with a 1-week return of -3.38% compared to the Sensex's -0.74%. Over the past month, while the stock has declined by 5.21%, the Sensex has gained 3.01%. This stark contrast highlights the stock's struggles in a generally positive market environment. The company's recent financial results have also raised concerns, with a significant drop in PAT and operating profit metrics, further contributing to the negative sentiment surrounding the stock. Overall, the combination of poor short-term performance, high debt levels, and disappointing financial results has led to a decline in investor confidence, resulting in the stock's current downward trajectory.