Why is Bhagyanagar Ind falling/rising?

As of 30-Jun, Bhagyanagar India Ltd is experiencing a decline in its stock price, currently at 79.41, reflecting a decrease of 1.09 or 1.35%. The stock has underperformed its sector by 1.32% today, with trading volume closer to its low price, indicating weaker investor interest. Additionally, the stock's delivery volume has fallen significantly, down 49.38% compared to the 5-day average. Over the past week, the stock has decreased by 3.61%, while it has shown a modest increase of 1.57% over the past month. However, the stock's year-to-date performance is concerning, with a decline of 18.51%, and a substantial drop of 26.16% over the past year, indicating a trend of negative returns despite some positive financial results such as record net sales and cash equivalents.
In the broader market context, the Sensex has risen by 2.09% over the past week and 2.65% over the past month, highlighting that Bhagyanagar India Ltd is not only underperforming its sector but also the overall market. The company's weak long-term fundamentals, characterized by a high Debt to EBITDA ratio and a low Return on Capital Employed, contribute to its negative outlook. Despite trading at a discount compared to peers, the significant drop in profits by 69.3% over the past year raises concerns about its ability to recover. This combination of factors suggests that while there may be some attractive valuations, the overall sentiment remains bearish, leading to the stock's current decline.