Why is Kerala Ayurveda falling/rising?

As of 28-Jul, Kerala Ayurveda Ltd's stock price is currently at 501.70, reflecting a decline of 12.1 points or 2.36%. The stock has been underperforming, having fallen for six consecutive days, resulting in a total decline of 15.4% during this period. It opened with a loss of 3.07% today and reached an intraday low of Rs 488.15, indicating significant selling pressure. Despite a strong performance over the past year with a return of 61.94%, the stock has recently faced challenges, including high debt levels and poor long-term growth metrics, such as a negative operating profit growth rate of -227.90% over the last five years. Additionally, promoter confidence appears to be waning, as they have reduced their stake by 20.75%, which may further impact investor sentiment negatively.
In the broader market context, Kerala Ayurveda's short-term performance has significantly lagged behind the benchmark, with a 1-week decline of 14.25% compared to the Sensex's drop of only 1.59%. While the stock has shown strong returns year-to-date, it is currently facing headwinds that are affecting its immediate outlook. The recent negative financial results, including a low return on capital employed and a concerning debt-to-equity ratio, contribute to the perception of risk associated with the stock. This combination of factors has led to a decline in investor confidence and participation, further exacerbating the stock's downward trajectory in the market.