Why is Liberty Shoes falling/rising?

As of 26-Sep, Liberty Shoes Ltd's stock price is currently at 328.10, reflecting a decrease of 3.4, or 1.03%. The stock has been on a downward trend, having fallen consecutively for the last five days, resulting in a significant 12.31% decline over that period. Today's performance saw the stock reach an intraday high of Rs 341.6 but also dip to a low of Rs 322. Despite outperforming its sector by 0.51%, the stock is trading below all major moving averages, indicating a bearish trend. The company's return on capital employed (ROCE) stands at 9.8, suggesting an attractive valuation, but its profitability is hindered by a high Debt to EBITDA ratio of 2.54 times and a low return on equity of 4.41%. Additionally, the stock has generated a return of -36.11% over the past year, with profits declining by 15.7%, which may contribute to investor concerns.
In the broader market context, Liberty Shoes' short-term performance has significantly underperformed the benchmark, with a 12.31% decline over the past week compared to the Sensex's 2.66% drop. While the stock has shown some resilience with a 3.55% increase over the past month, the overall trend remains negative, particularly in light of poor long-term growth indicators and low domestic mutual fund interest, which suggests a lack of confidence in the company’s future prospects. The combination of these factors indicates that the stock is facing challenges that are likely contributing to its recent price decline.