Why is FratelliVineyard falling/rising?

As of 19-Aug, Fratelli Vineyards Ltd is experiencing a decline in its stock price, currently at Rs. 119.70, which represents a decrease of Rs. 6.25 or 4.96%. The stock has hit a new 52-week low today and has underperformed its sector by 5.77%. Over the past six days, the stock has consistently fallen, totaling a decline of 13.82%. Additionally, the company has reported significant negative financial results, including a 51.66% drop in net sales and consecutive losses over the last three quarters. The high debt-to-EBITDA ratio of 9.40 times and a low return on equity of 1.08% further indicate weak long-term fundamentals, contributing to the stock's downward movement.
In the broader market context, the stock's performance has been notably poor compared to the benchmark, with a year-to-date decline of 64.16% against a 4.49% increase in the Sensex. The stock has underperformed the market significantly over the past year, with a return of -72.58% compared to the benchmark's negative return of -0.91%. This stark contrast highlights the challenges Fratelli Vineyards is facing, as reflected in its weak financials and lack of investor confidence, evidenced by the absence of domestic mutual fund holdings.