Why is Latteys Industri falling/rising?

As of 22-Sep, Latteys Industries Ltd is currently priced at 21.00, reflecting an increase of 0.25 or 1.2%. The stock has shown a performance today that outperformed its sector by 1.87%. In terms of returns, over the past week, the stock has gained 0.53%, which matches the performance of the Sensex. However, the stock has faced significant challenges, with a year-to-date decline of 34.60% and a one-year drop of 24.51%. Positive factors contributing to the recent price movement include a notable growth in net sales of 29.80% over the last six months. However, the company also faces serious concerns, such as a high Debt to EBITDA ratio of 2.69 times, indicating a low ability to service debt, and a low average Return on Equity of 8.88%, which suggests limited profitability.
Broader market context shows that while the stock has outperformed the sector in the short term, it has underperformed the broader market over the past year, where the BSE500 index recorded a decline of only 3.80%. This stark contrast highlights the stock's struggles despite some positive sales growth. The company's long-term growth prospects appear poor, with an annual operating profit growth rate of only 18.93% over the last five years and a high PEG ratio of 4.4, indicating an expensive valuation relative to its earnings growth. Overall, while there are some positive indicators, the significant debt burden and underperformance relative to the market weigh heavily on the stock's outlook.