Why is Lesha Industries falling/rising?

As of 24-Sep, Lesha Industries Ltd is currently priced at 1.13, reflecting an increase of 0.01 or 0.89%. Despite this slight uptick, the stock has shown a significant decline over the past year, with a return of -50.00%. In today's trading, the stock has outperformed its sector by 1.02%, although it is trading below all its moving averages, indicating a bearish trend. The company is facing challenges, including operating losses and a high Debt to EBITDA ratio of 4.52 times, which suggests a weak long-term fundamental strength. Additionally, the stock has consistently underperformed against the benchmark, with a return of -86.21% over the past three years.
In the broader market context, the Sensex has shown a more favorable performance, gaining 4.58% year-to-date, while Lesha Industries has declined by 29.38% in the same period. The stock's recent performance, despite a slight daily increase, reflects a broader trend of underperformance compared to the benchmark. The company's low profitability, as indicated by a Return on Equity of 1.92%, coupled with negative EBITDA and declining operating cash flow, contributes to a perception of risk among investors. This context suggests that while there may be short-term fluctuations, the long-term outlook for Lesha Industries remains challenging.