Why is Himalaya Food falling/rising?

As of 30-Jul, Himalaya Food International Ltd's stock price is currently at 14.55, reflecting a decrease of 0.04, or 0.27%. The stock has underperformed its sector by 0.55% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, investor participation has declined, with delivery volume falling by 35.12% compared to the 5-day average. Over the past year, the stock has generated a return of -36.74%, while profits have decreased by 30.9%. Despite some positive results anticipated for September 2024, such as the highest quarterly PBDIT and operating profit margins, the company's weak long-term fundamentals and poor profitability metrics contribute to its declining stock price.
In the broader market context, the stock's performance over the past week shows a decline of 1.69%, while the benchmark Sensex has decreased by 1.50%. This indicates that Himalaya Food is underperforming relative to the market. Furthermore, the stock has consistently underperformed against the benchmark over the last three years, with a significant drop in returns compared to the BSE500. The company's weak ability to service its debt and low return on equity further exacerbate its challenges, leading to a negative outlook among investors.