Why is Barbeque-Nation falling/rising?

As of 01-Aug, Barbeque-Nation Hospitality Ltd is experiencing a decline in its stock price, currently at Rs 271.75, which represents a decrease of Rs 12.95 or 4.55%. The stock has been underperforming significantly, having fallen consecutively for the last four days, resulting in a total decline of 11.67% during this period. Over the past week, the stock has decreased by 11.45%, and it has also shown a substantial year-to-date decline of 38.55%. The company's recent financial performance has been troubling, with a reported profit after tax of Rs -16.41 crore, marking a drastic fall of 136.3% compared to the previous four-quarter average. Additionally, the stock's return on capital employed (ROCE) is low at 3.2%, indicating weak long-term fundamental strength, which is compounded by a high debt to EBITDA ratio of 4.20 times.
In the broader market context, the stock's performance has been notably worse than the benchmark, with the Sensex only declining by 1.06% over the past week. The lifestyle sector, in which Barbeque-Nation operates, has also seen a decline of 2.61%. Despite high institutional holdings at 30.07%, which typically suggest a level of confidence from more informed investors, the stock's consistent underperformance against the benchmark over the last three years, including a staggering 52.34% drop in the past year, raises concerns. The stock is trading at a discount compared to its peers, but the significant drop in profits and weak operational metrics continue to weigh heavily on investor sentiment, contributing to its ongoing decline.