Why is Globe Textiles falling/rising?

As of 25-Jul, Globe Textiles (India) Ltd is experiencing a decline in its stock price, currently at 2.25, reflecting a decrease of 0.1 or 4.26%. The stock has underperformed its sector by 1.39% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 5.86%, and it has seen a significant decline of 54.73% year-to-date. Despite a healthy long-term growth rate in operating profit of 69.21% and a low enterprise value to capital employed ratio of 0.8, the company faces challenges such as poor management efficiency indicated by a low return on capital employed (ROCE) of 7.54% and a high debt to EBITDA ratio of 8.22 times. Additionally, the company's profit after tax has decreased by 49.71% over the last six months, contributing to negative sentiment among investors.
In the broader market context, Globe Textiles has underperformed compared to the Sensex, which has shown a slight decline of 0.53% over the past week and a positive return of 5.04% year-to-date. The stock's poor performance is further highlighted by a significant drop in institutional investor participation, which has decreased by 0.67% in the previous quarter, indicating a lack of confidence from more knowledgeable investors. This combination of underperformance in both short-term and long-term metrics, alongside rising concerns about management efficiency and debt servicing capabilities, has led to a negative outlook for Globe Textiles in the current market environment.