Why is Flex Foods falling/rising?

As of 23-Jun, Flex Foods Ltd's stock price is currently at Rs 59.10, reflecting a decrease of Rs 1.07, or 1.78%. The stock has underperformed its sector by 1.21% today, reaching an intraday low of Rs 57.5, which is a decline of 4.44%. Over the past week, the stock has seen a return of -1.48%, while its performance over the last month shows a positive return of 20.86%. However, the stock has significantly underperformed over the longer term, with a year-to-date return of -17.92% and a staggering decline of -55.63% over the past year. The company is facing challenges, including a high debt-to-equity ratio of 5.07, indicating weak long-term fundamental strength, and a negative EBITDA, which contributes to its risky trading status. Additionally, the stock's profitability is low, with an average return on equity of 9.49%, and it has seen a substantial drop in investor participation, with delivery volume falling by 78.58% against the 5-day average.
In the broader market context, the Sensex has shown a slight increase of 0.12% over the past week, contrasting with Flex Foods' decline. While the market has generated a return of 4.81% year-to-date, Flex Foods' performance has been notably poor, highlighting its struggle to keep pace with the overall market. The company's flat results in March and a significant profit decline of 25.3% over the past year further emphasize its challenges. This combination of high debt, low profitability, and underperformance relative to the market suggests that investor sentiment remains negative, contributing to the stock's current downward movement.