Why is Kerala Ayurveda falling/rising?

As of 10-Jul, Kerala Ayurveda Ltd's stock price is currently at Rs 568.00, reflecting a decline of 1.0 (-0.18%). The stock has been on a downward trend, experiencing a consecutive fall over the last four days with a total decline of 5.17%. Despite this recent downturn, the stock has shown strong performance over the longer term, with a remarkable increase of 50.98% over the past year and an impressive 675.43% rise over the last three years. However, the company faces significant challenges, including a high debt-to-equity ratio of 7.09 times and negative operating profit growth, which raises concerns about its long-term fundamental strength. Additionally, negative results reported for the last quarter, including a substantial drop in profit before tax and profit after tax, further contribute to the stock's recent struggles.
In the broader market context, Kerala Ayurveda's short-term performance has significantly underperformed compared to the benchmark Sensex, which has only declined by 0.06% over the past week. While the stock has outperformed the sector by 0.39% today, the falling investor participation, evidenced by a 50.51% drop in delivery volume, indicates waning interest among investors. The stock's liquidity remains adequate for trading, but the low stake held by domestic mutual funds suggests a lack of confidence in the company's valuation or business prospects. Overall, the combination of recent negative financial results, high debt levels, and declining investor interest contributes to the stock's current downward movement.