Why is Megastar Foods falling/rising?

As of 27-Jun, Megastar Foods Ltd is experiencing a decline in its stock price, currently at 266.40, which reflects a decrease of 10.1 points or 3.65%. Today's price summary indicates that the stock has underperformed its sector by 4.26%, following a trend reversal after two consecutive days of gains. The stock reached an intraday high of Rs 284 but fell to a low of Rs 262, with more trading volume occurring near the lower price. Despite a positive year-to-date return of 20.35%, the stock has faced challenges, including a significant drop in profits by 40% over the past year, and a high Debt to EBITDA ratio of 3.77 times, which raises concerns about its ability to service debt. Additionally, while institutional investors have increased their stake, the overall investor participation has decreased significantly.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a 1-week return of -7.18% compared to the Sensex's gain of 2.00%. This underperformance highlights the stock's struggles despite its long-term growth, as evidenced by a 5-year return of 472.90% compared to the Sensex's 139.00%. The current liquidity of the stock remains adequate for trading, but the declining delivery volume suggests a lack of confidence among retail investors. Overall, the combination of high debt levels, falling profits, and recent price movements indicates a challenging environment for Megastar Foods Ltd.