Why is Cords Cable falling/rising?

As of 01-Jul, Cords Cable Industries Ltd is experiencing a decline in its stock price, currently at 200.50, reflecting a decrease of 0.25 (-0.12%). The stock has underperformed its sector by 0.31% today and has been on a consecutive downward trend for the last three days, resulting in a total decline of 2.83% during this period. Over the past week, the stock has decreased by 0.25%, while its performance over the last year shows a significant drop of 13.74%. Despite positive financial results over the last six quarters, including a 66.45% growth in profit before tax and record net sales, the stock's ability to service its debt remains a concern, indicated by a poor EBIT to Interest ratio of 1.37. Additionally, the stock's low return on equity of 5.14% suggests weak profitability, contributing to its recent price movement.
In the broader market context, the Sensex has shown a positive return of 2.00% over the past week and 7.11% year-to-date, contrasting sharply with Cords Cable's negative performance. The stock's decline is further emphasized by its underperformance compared to the market, which has generated returns of 3.20% over the past year. This disparity highlights the challenges faced by Cords Cable, as it struggles to attract investor participation, evidenced by a significant drop in delivery volume. Overall, while the company has demonstrated strong financial growth, its stock price is adversely affected by concerns over debt servicing and profitability, leading to its recent decline.