Why is Kimia Bioscien. falling/rising?

As of 01-Aug, Kimia Biosciences Ltd is experiencing a decline in its stock price, currently at Rs 55.55, reflecting a decrease of Rs 2.92 or 4.99%. The stock has been underperforming, having fallen consecutively for the last six days, resulting in a total decline of 21.21% during this period. Additionally, the stock has underperformed its sector by 1.83% today. Despite positive financial results over the last five quarters, including a significant increase in net sales and operating profit, the company's high debt levels, indicated by a Debt-Equity Ratio of 11.22 times, contribute to its weak long-term fundamental strength and have negatively impacted investor sentiment. In the broader market context, the stock's performance over the past week shows a decline of 17.84%, contrasting sharply with the Sensex, which has only decreased by 1.06%. This significant underperformance in the short term highlights the challenges faced by Kimia Biosciences Ltd compared to the overall market. While the company has shown strong long-term returns, outperforming the BSE500 over various time frames, the current high debt levels and stagnant operating profit growth have raised concerns among investors, leading to the recent price drop.