Why is Lexus Granito falling/rising?

As of 08-Oct, Lexus Granito (India) Ltd is experiencing a decline in its stock price, currently at 27.74, which reflects a decrease of 1.12 or 3.88%. The stock has underperformed its sector today by 3.96%, and while it has shown a slight increase of 0.65% over the past week, it has significantly underperformed over the longer term, with a 1-month return of -3.78% and a year-to-date return of -34.23%. Despite some positive quarterly results in June, including the highest profit before tax and profit after tax, the company's high debt levels, indicated by a Debt-Equity Ratio of 14.9 times and a Debt to EBITDA ratio of 6.18 times, contribute to its weak long-term fundamental strength. The stock's negative return on equity and return on capital employed further exacerbate its valuation concerns.
In the broader market context, the Sensex has shown a positive return of 0.84% over the past week and 1.10% over the past month, contrasting sharply with Lexus Granito's performance. The company's consistent underperformance against the benchmark over the last three years, coupled with a staggering 40.37% decline in the past year, highlights its struggle to keep pace with market trends. Although there has been a notable increase in investor participation, as evidenced by a 143.59% rise in delivery volume, the overall sentiment remains negative due to the company's financial challenges and high debt levels, leading to a cautious outlook among investors.