Why is Cool Caps falling/rising?

As of 23-Sep, Cool Caps Industries Ltd is experiencing a decline in its stock price, currently at 95.55, which reflects a decrease of 6.05 or 5.95%. The stock has shown a mixed performance recently, underperforming its sector by 4.7% today. Despite this, it has demonstrated strong long-term performance, with a remarkable return of 133.13% over the past year and a 417.61% increase over the last three years. However, the company has not declared results in the last six months, raising concerns about its long-term fundamental strength. Additionally, it has a high Debt to EBITDA ratio of 22.98 times and a low Return on Capital Employed of 6.97%, indicating potential profitability issues. The recent flat results in June 2023, with a 21% drop in net sales, further contribute to the stock's downward pressure.
In the broader market context, the stock's short-term performance has been slightly better than the benchmark, with a 1-week return of -0.16% compared to the Sensex's -0.28%. However, the stock's recent decline contrasts with its strong year-to-date performance of 15.56% against the Sensex's 6.45%. The rising investor participation, indicated by a significant increase in delivery volume, suggests some investor confidence despite the current price drop. Overall, while Cool Caps has shown impressive long-term returns, the combination of weak recent financial results and high debt levels has led to its current price decline.