Why is Himalaya Food falling/rising?

As of 01-Oct, Himalaya Food International Ltd is experiencing a decline in its stock price, currently at 10.92, reflecting a decrease of 0.25 or 2.24%. The stock has underperformed its sector by 2.62% today and is trading below all its moving averages, indicating a bearish trend. Additionally, the stock has shown a significant decline in trading volume, with a delivery volume drop of 82.44% compared to the 5-day average. Over the past year, the stock has generated a return of -51.14%, significantly underperforming the benchmark Sensex, which has seen a decline of only 3.90%. While there were some positive results reported, such as a decrease in raw material costs and a high cash position, the overall weak long-term fundamentals, including a negative CAGR growth in net sales and low profitability, have overshadowed these positives.
In the broader market context, the stock's performance has been notably poor compared to the Sensex, which has gained 3.64% year-to-date while Himalaya Food has dropped 42.13%. This consistent underperformance against the benchmark over the last three years highlights the challenges faced by the company. The weak ability to service debt, indicated by a poor EBIT to Interest ratio, along with a low return on equity, suggests that investor confidence may be waning. Consequently, these factors contribute to the stock's downward movement, as investors may be cautious about the company's long-term viability amidst its ongoing struggles.