Why is Lexus Granito falling/rising?

As of 21-Aug, Lexus Granito (India) Ltd is experiencing a decline in its stock price, currently at Rs 29.87, which represents a decrease of 0.18 or 0.6%. The stock has underperformed significantly, with a 1-week return of -0.50%, a 1-month return of -12.15%, and a year-to-date return of -29.18%. Today's performance indicates that it is trading lower than all key moving averages, and it is close to its 52-week low, being only 3.8% away from Rs 28.35. Despite a notable increase in investor participation, with delivery volume rising by 169.1% against the 5-day average, the company's high debt levels and weak long-term fundamentals, highlighted by a Debt-Equity Ratio of 14.9 times and a Debt to EBITDA ratio of 6.18 times, continue to weigh heavily on investor sentiment.
In the broader market context, the Sensex has shown a positive return of +1.84% over the past week, contrasting sharply with Lexus Granito's negative performance. The stock has consistently underperformed against the benchmark over the last three years, with a return of -28.47% in the past year while the Sensex has gained 1.27%. Although the company reported positive results in June, with the highest profit before tax and earnings per share for the quarter, the overall financial health remains concerning due to low profitability and high debt levels, leading to a perception of the stock as a strong sell.