Why is Emmbi Industries falling/rising?

As of 07-Jul, Emmbi Industries Ltd is experiencing a decline in its stock price, currently at Rs 107.90, which reflects a decrease of 4.0 points or 3.57%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 4.43%. In terms of performance against benchmarks, the stock has shown a negative return of 1.01% over the past week and a significant drop of 5.52% over the past month, while the Sensex has only decreased by 0.20% and increased by 1.53% respectively. Additionally, the stock's delivery volume has seen a sharp decline of 42.77% compared to the five-day average, indicating falling investor participation. Despite an attractive valuation with a return on capital employed (ROCE) of 7.8, the company has faced a substantial profit decline of 33.5% over the past year, contributing to its weak long-term fundamentals.
In the broader market context, Emmbi Industries has consistently underperformed against the benchmark indices, with a year-to-date return of -34.65% compared to the Sensex's positive return of 6.79%. The company's financial health is further questioned by a high debt-to-EBITDA ratio of 3.87 times and a low average return on equity of 6.52%, which signifies low profitability per unit of shareholders' funds. This consistent underperformance over the last three years, coupled with negative financial results, has led to a lack of investor confidence, contributing to the stock's downward trend.