Why is Bella Casa Fashi falling/rising?

As of 18-Aug, Bella Casa Fashion & Retail Ltd's stock is currently priced at 401.70, reflecting a decline of 13.15 points or 3.17%. Today's performance indicates that the stock has underperformed its sector by 5.54%, opening with a loss of 2.09% and reaching an intraday low of Rs 400.8. The stock has experienced a trend reversal, falling after three consecutive days of gains. Despite positive results over the last six quarters, including a 21.71% growth in net sales and a significant rise in profits, the stock's year-to-date performance shows a decline of 21.83%. Additionally, the company faces challenges with a high Debt to EBITDA ratio of 2.87 times, which raises concerns about its ability to service debt, contributing to the stock's recent downward movement.
In the broader market context, the stock's short-term return over the past week has been positive at +9.38%, significantly outperforming the Sensex, which only gained 0.83%. However, over the longer term, the stock has underperformed, with a year-to-date decline of 21.83% compared to the Sensex's increase of 4.01%. The textile sector has shown a gain of 2.43%, indicating that Bella Casa's struggles are more specific to the company rather than the overall market. The falling investor participation, evidenced by a 75.89% drop in delivery volume, further suggests a lack of confidence among investors, which may be contributing to the stock's decline.