Why is Milkfood falling/rising?

As of 25-Aug, Milkfood Ltd's stock price is currently at Rs 73.75, reflecting a decrease of Rs 2.54 or 3.33%. The stock has underperformed significantly, with a performance today that is 3.2% lower than its sector. It reached an intraday low of Rs 73, which is a decline of 4.31%. Over the past week, the stock has fallen by 4.22%, and it has seen a substantial decline of 56.53% over the past year. The company's financial health is concerning, as it has reported operating losses and a significant drop in net sales by 23.31%. Additionally, the stock is trading below all key moving averages, indicating a bearish trend. The company's return on equity is low at 3.72%, and it has a high debt to EBITDA ratio of 4.98 times, further contributing to investor apprehension.
In the broader market context, Milkfood's performance contrasts sharply with the Sensex, which has gained 0.45% over the past week and 4.48% year-to-date. This stark difference highlights the stock's struggles relative to the overall market. The company has declared negative results for three consecutive quarters, which has led to a decline in investor participation, evidenced by a 43.76% drop in delivery volume compared to the five-day average. Despite having a relatively attractive valuation compared to peers, the ongoing operational challenges and declining profitability have resulted in a lack of investor confidence, leading to the stock's continued decline.