Why is Barbeque-Nation falling/rising?

As of 03-Sep, Barbeque-Nation Hospitality Ltd is experiencing a decline in its stock price, currently at 265.20, which reflects a decrease of 2.3 points or 0.86%. The stock opened with a loss of 2.79% today and reached an intraday low of Rs 260.05. Over the past week, the stock has shown a slight increase of 0.72%, but it has underperformed significantly over the longer term, with a year-to-date decline of 40.03% and a staggering 57.69% drop over the past year. The company's weak fundamentals are highlighted by a low Return on Capital Employed (ROCE) of 3.2 and a high Debt to EBITDA ratio of 4.20 times, which raises concerns about its ability to service debt. Additionally, the stock has seen a significant fall in delivery volume, down 32.79% against the 5-day average, indicating declining investor participation.
In the broader market context, while the Sensex has shown a modest increase of 3.11% year-to-date, Barbeque-Nation's performance has been consistently poor, underperforming the benchmark over the last three years. The stock's negative returns and weak financial results, including a PAT of Rs -16.41 crore, have contributed to its lack of investor confidence. Despite high institutional holdings at 30.07%, which typically indicate a stronger analysis of fundamentals, the overall negative sentiment surrounding the company's financial health and consistent underperformance against the market has led to its current decline.