Why is La Tim Metal & I falling/rising?

As of 14-Aug, La Tim Metal & Industries Ltd is experiencing a decline in its stock price, currently at 7.66, which represents a decrease of 0.24 or 3.04%. The stock has underperformed its sector by 2.71% today and has been on a consecutive downward trend for the last two days, accumulating a total drop of 3.53%. Over the past week, the stock has decreased by 3.65%, and in the last month, it has fallen by 12.95%. Additionally, the stock has generated a staggering return of -52.77% over the past year, with profits plummeting by 105.4%. The company is also facing challenges such as a high debt-to-equity ratio of 2.39, indicating significant leverage, and flat financial results in its latest quarter.
In the broader market context, La Tim Metal & Industries Ltd's performance contrasts sharply with the Sensex, which has only seen a minor decline of 0.03% over the past week. The stock's poor performance is evident as it has underperformed the BSE500 index over the last three years, one year, and three months. This underperformance is compounded by a significant drop in investor participation, with delivery volume decreasing by 27.49% compared to the five-day average. Overall, the combination of high debt, declining profits, and a lack of investor confidence has contributed to the stock's downward trajectory.