Why is Barbeque-Nation falling/rising?

As of 25-Aug, Barbeque-Nation Hospitality Ltd's stock price is currently at Rs 264.80, reflecting a decrease of Rs 1.1 or 0.41%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 3.32%. In terms of returns, the stock has experienced a significant drop of 60.16% over the past year, while its performance in the last month shows a decline of 13.72%. Despite a recent intraday high of Rs 272, the stock is trading below its longer-term moving averages, indicating a bearish trend. The company's fundamentals are concerning, with a low Return on Capital Employed (ROCE) of 3.2 and a high Debt to EBITDA ratio of 4.20 times, which raises questions about its ability to service debt. Additionally, the stock's profits have plummeted by 181.7%, contributing to its negative sentiment among investors.
In the broader market context, the stock has underperformed against the benchmark, with a 1-week return of 2.64% compared to the Sensex's 0.45%. This consistent underperformance over the last three years, coupled with a significant decline in investor participation—evidenced by a 49.58% drop in delivery volume—suggests a lack of confidence in the stock. While the lifestyle sector has gained by 2.34%, Barbeque-Nation's performance contrasts sharply with this positive sector trend, further highlighting its struggles. The high institutional holdings at 30.07% indicate that knowledgeable investors are also cautious, which may be influencing the stock's downward trajectory.