Why is Cosmo Ferrites falling/rising?

As of 18-Sep, Cosmo Ferrites Ltd is experiencing a decline in its stock price, currently at Rs 238.00, reflecting a decrease of Rs 7.8 or 3.17%. The stock has underperformed its sector by 3.71% today and has been on a downward trend for the last two days, accumulating a total loss of 4.09%. It opened with a gap down of 2.52% and reached an intraday low of Rs 238. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, the company has shown weak long-term fundamental strength, with a low return on capital employed (ROCE) of 9.13% and a high debt-to-EBITDA ratio of 10.19 times, which raises concerns about its ability to service debt.
In the broader market context, the stock has underperformed significantly compared to the benchmark, with a 1-week return of -1.24% against the Sensex's +1.80%, and a year-to-date decline of -28.43% compared to the Sensex's +6.24%. This consistent underperformance over the last three years, coupled with negative operating profits and poor growth metrics, has contributed to a lack of investor confidence. Despite a rise in delivery volume, the overall sentiment remains negative, reflecting the stock's risky profile and the challenges it faces in achieving sustainable growth.