Why is Gopal Snacks falling/rising?

As of 28-Jul, Gopal Snacks Ltd is experiencing a decline in its stock price, currently at Rs 338.35, reflecting a decrease of Rs 4.1 or 1.2%. The stock has underperformed its sector by 1.31% today and has been on a consecutive fall for the last two days, resulting in a total drop of 4.5% during this period. Despite reaching an intraday high of Rs 351, the stock's performance over the past week shows a decline of 5.28%, while its one-month return is down by 2.53%. The company has demonstrated high management efficiency with a return on capital employed (ROCE) of 30.58% and a low debt-to-EBITDA ratio of 0.26, indicating a strong ability to service its debt. However, the stock faces challenges due to poor long-term growth, with net sales growing at an annual rate of only 2.80% and significant declines in profit before tax and profit after tax in the latest quarter.
In the broader market context, Gopal Snacks' short-term performance has been notably worse than the benchmark Sensex, which has declined by only 1.59% over the past week. The stock's year-to-date performance is also concerning, with a drop of 8.06%, contrasting with the Sensex's gain of 3.52%. The company's recent negative financial results, including a significant fall in profits and the lowest net sales recorded, contribute to investor skepticism, leading to the current downward trend in stock price. Despite rising investor participation, as evidenced by a substantial increase in delivery volume, the overall sentiment remains cautious due to the company's expensive valuation and disappointing growth metrics.