Why is Flex Foods falling/rising?

As of 27-Jun, Flex Foods Ltd is experiencing a decline in its stock price, currently at 54.03, which represents a decrease of 0.97 or 1.76%. The stock has been underperforming significantly, having fallen by 10.20% over the past week and 58.88% over the last year, while the benchmark Sensex has shown positive returns of 2.00% and 6.08% respectively in the same periods. Today's performance indicates that the stock has underperformed its sector by 2.37%, and it has been on a consecutive downward trend for the last five days. Additionally, the stock's delivery volume has decreased by 46.11% compared to its five-day average, indicating a drop in investor participation. The company is also facing challenges with a high debt-equity ratio of 5.07, which suggests weak long-term fundamental strength, and it has reported negative EBITDA alongside a significant decline in profits.
In the broader market context, while the Sensex has gained 3.07% over the past month, Flex Foods has only managed a modest increase of 1.94%, further highlighting its struggle to keep pace with market trends. The stark contrast in performance over the past year, where the stock has lost nearly 59% compared to the market's positive returns, underscores the stock's risky nature and the lack of investor confidence. The company's flat results in March 2025 and low return on equity of 9.49% further contribute to its negative outlook, making it a strong sell in the current market environment.