Why is Bhandari Hosiery falling/rising?

As of 10-Jul, Bhandari Hosiery Exports Ltd is currently priced at 5.74, reflecting a decrease of 0.04 or 0.69%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 1.03% during this period. Despite a positive performance over the past week with a return of 3.99%, the stock has significantly underperformed in the long term, with a year-to-date decline of 18.58% and a one-year drop of 24.57%. The company has reported strong quarterly results, including the highest operating profit to interest ratio at 2.73 times and a notable increase in net sales, but it also faces challenges such as weak long-term growth and a high debt to EBITDA ratio, which negatively impacts investor sentiment.
In the broader market context, while the Sensex has shown a slight decline of 0.06% over the past week, Bhandari Hosiery's recent performance has been more favorable in the short term compared to the benchmark. However, the stock's long-term performance has been disappointing, especially when compared to the BSE500, which has generated a return of 1.46% over the last year. This stark contrast highlights the stock's struggles to attract investor confidence, compounded by falling investor participation and liquidity issues, which further contribute to its declining price.