Why is FratelliVineyard falling/rising?

As of 26-Jun, Fratelli Vineyards Ltd's stock price is currently at Rs 134.70, reflecting a decrease of Rs 1.3 or 0.96%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 3.79% during this period. It is also trading close to its 52-week low, just 1.11% away from Rs 133.2. The company has reported significant operating losses, with a staggering decline in operating profit of 854.59%, and has declared negative results for the last two consecutive quarters. The high debt-to-EBITDA ratio of 10.95 times indicates a low ability to service debt, contributing to a weak long-term fundamental strength. Additionally, the stock has underperformed the market significantly over the past year, with a return of -61.96% compared to the benchmark's positive performance.
In the broader market context, the stock's short-term performance has been notably poor, with a 1-week return of -4.84% while the Sensex has gained 2.94% during the same period. This stark contrast highlights the stock's struggle relative to the overall market. Furthermore, despite a rise in investor participation, as evidenced by a 119.47% increase in delivery volume, the lack of confidence from domestic mutual funds, which hold 0% of the company, suggests that institutional investors are wary of the stock's prospects. Overall, the combination of poor financial performance, high debt levels, and significant underperformance against the benchmark has led to the stock's decline.