Why is Lotus Chocolate falling/rising?

As of 17-Sep, Lotus Chocolate Company Ltd is currently priced at 1,150.10, reflecting a slight increase of 1.1 (0.1%). The stock has shown a trend reversal, gaining after two consecutive days of decline, and has outperformed its sector by 0.43%. However, it has underperformed against the benchmark Sensex over various periods, with a 1-week return of -1.11% compared to the Sensex's +1.56% and a year-to-date return of -18.61% against the Sensex's +5.83%. The company faces challenges, including a high debt-to-equity ratio of 5.65 times and a significant drop in earnings per share (EPS) of -30.63%, which has contributed to negative sentiment. Despite healthy long-term growth in net sales and operating profit, the recent financial results have raised concerns among investors.
Broader Market Context: The broader market has shown resilience, with the Sensex gaining over the past week and month, while Lotus Chocolate has struggled to keep pace. The stock's performance has been notably weaker over the past year, with a return of -19.29% compared to the BSE500's -2.63%. This significant underperformance, coupled with a lack of domestic mutual fund investment, suggests that investor confidence in Lotus Chocolate is low, potentially impacting its price movement negatively in the short term. The liquidity of the stock remains adequate, but the overall market context indicates that the stock is facing headwinds that may continue to affect its price trajectory.