Why is Latteys Industri falling/rising?

As of 23-Sep, Latteys Industries Ltd is experiencing a decline in its stock price, currently at 20.30, reflecting a decrease of 0.7 or 3.33%. The stock has underperformed its sector by 3.09% 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 fallen by 4.11%, and its year-to-date performance shows a significant drop of 36.78%. Despite a positive growth in net sales of 29.80% over the last six months, the company faces challenges such as a high Debt to EBITDA ratio of 2.69 times and a low Return on Equity of 8.88%, indicating issues with profitability and debt servicing. This combination of factors contributes to the stock's recent downward movement.
In the broader market context, Latteys Industries has notably underperformed compared to the Sensex, which has gained 6.45% year-to-date, while the stock has plummeted by 36.78%. Over the past year, the stock's return of -30.50% starkly contrasts with the market's decline of only -2.97%, highlighting its struggle to keep pace with market trends. The company's poor long-term growth prospects, with an annual operating profit growth rate of only 18.93% over the last five years, further exacerbates investor concerns, leading to a lack of confidence in the stock's future performance.