Why is C J Gelatine falling/rising?

As of 11-Aug, C J Gelatine Products Ltd is experiencing a decline in its stock price, currently at 15.60, which reflects a decrease of 0.65 or 4.0%. The stock has underperformed its sector today by 5.04% and has been on a downward trend, losing 7.14% over the past two days. Over the last week, the stock has dropped by 8.50%, and its year-to-date performance shows a significant decline of 40.41%. The company has also reported a substantial profit drop of 82% over the past year, contributing to its negative returns of -24.09% in the last year and -9.57% over the past three years. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. Despite having an attractive valuation with a low enterprise value to capital employed ratio, the high debt levels and weak long-term growth prospects have raised concerns among investors.
In the broader market context, the Sensex has shown a relatively stable performance with a slight increase of 3.15% year-to-date, contrasting sharply with C J Gelatine's significant decline. The stock's performance over the last month has also been notably worse than the benchmark, which has only decreased by 2.30%. This underperformance highlights the challenges faced by C J Gelatine in comparison to the overall market, as it has consistently lagged behind not only the Sensex but also the BSE500 over various time frames. The combination of high debt, poor profitability, and declining returns has led to a lack of investor confidence, further exacerbating the stock's downward trajectory.