Why is Bharat Agri Fert falling/rising?

As of 22-Sep, Bharat Agri Fert & Realty Ltd is experiencing a decline in its stock price, currently at Rs. 32.36, which reflects a decrease of Rs. 0.62 or 1.88%. The stock has hit a new 52-week low of Rs. 32.11 today and is underperforming its sector by 1.54%. It is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has fallen by 1.94%, and its year-to-date performance shows a significant decline of 55%. The company is facing weak long-term fundamentals, with a return on capital employed (ROCE) of 0% and a high debt-to-EBITDA ratio of 1.00 times, which raises concerns about its ability to service debt. Additionally, the company's net sales growth has been stagnant at 0.61% annually, and its operating profit has decreased significantly.
In the broader market context, while the Sensex has gained 0.46% over the past week, Bharat Agri Fert's performance has been notably poor, with a 1-month decline of 11.75% compared to a 1.05% increase in the benchmark. The stock has also underperformed the BSE500 over various time frames, including a staggering 63.43% drop in the last year. The falling investor participation, evidenced by a 3.47% decrease in delivery volume against the 5-day average, further indicates a lack of confidence among investors. Overall, the combination of weak financial performance, high debt levels, and negative market sentiment contributes to the stock's downward trajectory.