Why is Garg Furnace falling/rising?

As of 25-Sep, Garg Furnace Ltd's stock price is currently at Rs 168.00, reflecting a decline of Rs 4.25 or 2.47%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 6.64% during this period. Additionally, it has underperformed its sector by 2.05% today. The stock is trading below all key moving averages, indicating a bearish trend. Over the past year, Garg Furnace has experienced a significant decline of 50.49%, while its profits have increased by 10.9%. However, the company has a low Debt to EBITDA ratio of 1.50 times, suggesting a strong ability to service its debt, which contrasts with its recent poor performance.
In the broader market context, Garg Furnace's short-term performance has been notably worse than the benchmark, with a one-week return of -6.67% compared to the Sensex's -2.23%. This stark contrast highlights the stock's struggles relative to the market. Despite the overall market generating negative returns of -5.88% in the last year, Garg Furnace's performance has been significantly worse, further emphasizing its underperformance. The company's flat results in the latest quarter, including a 34.5% drop in PAT and the lowest net sales recorded, contribute to the negative sentiment surrounding the stock, reinforcing the perception that it is a strong sell at this time.