Why is Lotus Chocolate falling/rising?

As of 11-Aug, Lotus Chocolate Company Ltd's stock price is currently at 1,162.00, reflecting a decrease of 12.0 points or 1.02%. The stock has been on a downward trend, having underperformed its sector by 1.61% today and experiencing a consecutive fall for the last six days, resulting in a total decline of 6.89% during this period. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Additionally, the company has reported a significant drop in earnings per share (EPS) of 30.63% and has faced negative results for five consecutive quarters, which has contributed to its poor performance. Despite healthy long-term growth in net sales and operating profit, the high debt-to-equity ratio of 5.65 times and low profitability per unit of capital have raised concerns among investors.
In the broader market context, the stock has significantly underperformed compared to the benchmark Sensex, which has only declined by 0.51% over the past week, while Lotus Chocolate's stock has fallen by 5.87%. Over the past year, the stock has experienced a decline of 27.45%, contrasting sharply with the Sensex's modest gain of 1.13%. This stark difference in performance may indicate a lack of confidence from investors, as evidenced by the absence of domestic mutual fund holdings in the company, suggesting that institutional investors may not be comfortable with the current valuation or business outlook. Overall, the combination of negative financial results, high debt levels, and poor short-term performance relative to the market has led to the stock's decline.