Why is Latteys Industri falling/rising?

As of 17-Sep, Latteys Industries Ltd is experiencing a decline in its stock price, currently at 21.04, reflecting a decrease of 0.13 or 0.61%. The stock has underperformed its sector today by 2.32%, and while it is higher than its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. The stock has shown mixed performance over various periods, with a 1-week return of +1.15% and a 1-month return of +8.96%, but it has significantly underperformed year-to-date with a decline of 34.48%. The company's net sales have grown by 32.13% over the last nine months, which is a positive indicator; however, it faces challenges such as a high Debt to EBITDA ratio of 2.69 times and low profitability, as indicated by an average Return on Equity of 8.88%.
In the broader market context, the Sensex has outperformed Latteys Industries, with a 1-week return of +1.43% and a 1-month return of +2.84%. This suggests that while the overall market is experiencing positive momentum, Latteys Industries is struggling to keep pace. The company's liquidity is adequate for trading, but a significant drop in delivery volume by 53.7% against the 5-day average indicates falling investor participation, which could further pressure the stock price. Overall, despite some positive sales growth, the combination of high debt levels, low profitability, and underperformance relative to the market contributes to the stock's current downward trend.