Why is Liberty Shoes falling/rising?

As of 23-Sep, Liberty Shoes Ltd is experiencing a decline in its stock price, currently at Rs 358.60, reflecting a decrease of Rs 4.2 or 1.16%. The stock has underperformed its sector by 1.69% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 5.65% during this period. Over the past week, the stock has decreased by 0.95%, while its performance over the last month shows a positive return of 14.57%. However, the stock's year-to-date performance is notably poor, with a decline of 25.43%. Contributing to this downward movement, the stock has a high Debt to EBITDA ratio of 2.54 times, indicating a low ability to service debt, and its profits have fallen by 15.7% over the past year, leading to a return of -28.28% compared to the market's -3.33% in the same timeframe.
In the broader market context, the stock's recent performance has been weaker than the benchmark, as it has underperformed the Sensex, which has only seen a decline of 0.34% over the past week. Despite a significant rise of 61.64% over the last three years, the stock's long-term growth prospects appear limited, with net sales growing at an annual rate of only 5.29% over the last five years. Additionally, the lack of investment from domestic mutual funds, which hold 0% of the company, may reflect a lack of confidence in the stock's current valuation or business outlook. Overall, these factors contribute to the stock's current downward trajectory amidst a challenging market environment.