Why is Lotus Chocolate falling/rising?

As of 15-Oct, Lotus Chocolate Company Ltd is experiencing a decline in its stock price, currently at 1,000.55, which represents a decrease of 26.15 or 2.55%. The stock has underperformed its sector by 3.7% today and has been on a downward trend for the last three days, resulting in a total drop of 16.61% during this period. The stock reached an intraday high of Rs 1064 but also touched a low of Rs 985.05. Over the past week, the stock has fallen by 16.72%, and year-to-date, it has decreased by 29.19%. Despite a healthy long-term growth in net sales and operating profit, the stock's performance has been negatively impacted by high debt levels, with a debt-to-equity ratio of 3.58, and consecutive negative results over the last two quarters, leading to a significant decline in profits.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 1.02% over the past week and 5.72% year-to-date. While the overall market has shown resilience, Lotus Chocolate's performance has lagged significantly, with a one-year return of -38.54% compared to the market's decline of only -1.87%. This underperformance may indicate a lack of investor confidence, as evidenced by the negligible stake held by domestic mutual funds, suggesting they may not be comfortable with the current valuation or the company's business outlook.