Why is Latteys Industri falling/rising?

As of 29-Aug, Latteys Industries Ltd is experiencing a decline in its stock price, currently at 19.20, reflecting a decrease of 0.91 or 4.53%. The stock has underperformed its sector by 2.1% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 8.44%, and year-to-date, it has seen a significant decline of 40.21%. Despite a positive growth in net sales of 32.13% for the first nine months, the company faces challenges such as a high Debt to EBITDA ratio of 2.69, indicating a low ability to service its debt, and a relatively low return on equity of 8.88%, which suggests limited profitability. Additionally, the operating profit growth rate of 18.93% over the last five years raises concerns about long-term growth potential.
In the broader market context, the Sensex has only declined by 1.78% over the past week and has gained 3.31% year-to-date, indicating that Latteys Industries is underperforming compared to the overall market. The stock's poor performance is further highlighted by a significant drop in delivery volume, which fell by 35.11% against the 5-day average, suggesting a decrease in investor interest. While the company has shown some positive results, the combination of high debt levels, low profitability, and poor long-term growth prospects are contributing to the stock's downward trajectory in a market that is not experiencing similar declines.