Why is Lotus Chocolate falling/rising?

As of 16-Sep, Lotus Chocolate Company Ltd's stock price is currently at 1,149.00, reflecting a decrease of 30.9 or 2.62%. The stock has underperformed its sector by 2.24% today and has been on a downward trend, losing 3.55% over the last two days. It reached an intraday low of Rs 1130, indicating significant selling pressure. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish sentiment among investors. Additionally, the company has reported a substantial decline in earnings per share (EPS) of 30.63%, and it has faced five consecutive quarters of negative results. The high debt-to-equity ratio of 5.65 times and low return on capital employed further contribute to concerns regarding its profitability and financial health.
In the broader market context, the stock's performance over the past year has been notably poor, with a return of -19.61%, significantly worse than the benchmark, which has seen a decline of only 0.73%. While the stock has shown impressive long-term growth with a 704.34% increase over three years, its recent performance has led to a lack of confidence among investors, as evidenced by the absence of domestic mutual fund holdings. This lack of institutional support may indicate a broader skepticism about the company's valuation and future prospects, especially given the recent negative financial results and high debt levels.