Why is Arfin India falling/rising?

As of 28-Aug, Arfin India Ltd's stock price is currently at Rs 33.06, reflecting a decrease of Rs 1.27 or 3.7%. Today's price summary indicates that the stock has underperformed its sector by 3.69%, with an intraday low matching its current price. The stock's performance over the past week shows a decline of 2.48%, while it has gained 3.31% over the last month. However, the stock has significantly underperformed over the past year, with a return of -15.06%, compared to a -2.08% return for the benchmark. The company's financials reveal a concerning trend, as profits have fallen by 19.6%, and the latest PAT has decreased by 69.94%. Additionally, the high Debt to EBITDA ratio of 4.50 times raises concerns about its ability to service debt, contributing to the stock's negative movement.
In the broader market context, the stock's recent decline is more pronounced than the benchmark's performance, which has seen a negative return of only 5.01% over the past year. This suggests that while the overall market has faced challenges, Arfin India Ltd has struggled even more significantly. The company's liquidity appears adequate for trading, but the falling investor participation, with a 75.08% drop in delivery volume, indicates waning interest among investors. Overall, the combination of poor financial performance, high debt levels, and underwhelming market returns has led to the stock's current downward trajectory.