Why is Bhandari Hosiery falling/rising?

As of 14-Jul, Bhandari Hosiery Exports Ltd is experiencing a decline in its stock price, currently at 5.64, which reflects a decrease of 0.03 or 0.53%. The stock has been on a downward trend for the last four days, resulting in a total drop of 2.76% during this period. In terms of performance against benchmarks, the stock has underperformed significantly over the past year with a return of -25.10%, while the Sensex has gained 2.15%. Despite some positive financial results reported for March 25, including the highest operating profit to interest ratio and net sales, the stock's overall long-term fundamentals appear weak, with a low return on capital employed and minimal growth in net sales over the past five years.
In the broader market context, the stock's short-term performance of -1.05% over the past week is better than the Sensex's decline of -1.42%, indicating some relative strength. However, the stock's year-to-date performance of -20.00% starkly contrasts with the Sensex's gain of 5.27%, highlighting its ongoing struggles. The falling investor participation, as evidenced by a significant drop in delivery volume, coupled with a high debt to EBITDA ratio, further contributes to the negative sentiment surrounding the stock. Overall, while there are some attractive valuation metrics, the combination of weak long-term growth prospects and recent price declines suggests a challenging environment for Bhandari Hosiery Exports Ltd.