Why is Latteys Industri falling/rising?

As of 07-Jul, Latteys Industries Ltd is experiencing a decline in its stock price, currently at 24.17, reflecting a decrease of 0.76 or 3.05%. Despite this drop, the stock has shown strong performance over the past week and month, with returns of 7.76% and 7.42% respectively, outperforming the Sensex, which has seen a slight decline of 0.22% over the same week and a modest gain of 1.83% over the month. Today's price summary indicates that the stock underperformed its sector by 2.62%, although it remains above its 5-day, 20-day, 50-day, and 100-day moving averages, suggesting some short-term strength. Positive factors include a higher profit after tax and significant growth in net sales, while negative aspects such as a high Debt to EBITDA ratio and low return on equity indicate challenges that may be contributing to the stock's current decline.
In the broader market context, while Latteys Industries has generated a notable return of 42.34% over the past year, this is contrasted by a significant year-to-date decline of 24.73%, indicating volatility and potential investor concerns about long-term growth prospects. The stock's ability to outperform the benchmark in the short term is evident, but the high debt levels and low profitability metrics may be causing hesitation among investors, leading to the current price drop. Overall, the combination of strong historical performance and current financial challenges is creating a complex picture for Latteys Industries Ltd.