Why is Madhusudan Masa falling/rising?

As of 17-Sep, Madhusudan Masala Ltd's stock price is currently at 141.35, reflecting a slight increase of 0.35, or 0.25%. Despite this minor uptick today, the stock has shown a significant decline over the past week, with a return of -7.61%, and a year-to-date drop of -34.98%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a decrease in investor participation, with delivery volume falling by 9.09% compared to the 5-day average. While the company has demonstrated healthy long-term growth with a 49% annual increase in net sales and a 138.11% rise in operating profit, it also faces challenges such as a high debt-to-equity ratio of 8.43 times, which raises concerns about financial stability.
In the broader market context, the Sensex has performed positively, gaining 1.43% over the past week and 7.13% year-to-date, contrasting with Madhusudan Masala's underperformance. The stock has consistently lagged behind the benchmark, generating -22.16% returns over the past year and underperforming the BSE500 in each of the last three annual periods. This persistent underperformance, coupled with high debt levels, may contribute to investor caution, despite the company's attractive valuation metrics and profit growth.