Why is Natraj Proteins falling/rising?

As of 22-Aug, Natraj Proteins Ltd is experiencing a decline in its stock price, currently at 38.25, reflecting a decrease of 0.35 or 0.91%. The stock has underperformed its sector by 0.54% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 1.92%. Over the past week, the stock has fallen by 3.16%, and it has shown significant underperformance over longer periods, with a year-to-date decline of 14.24% and a staggering 44.57% drop over the last three years. The company's financial health is concerning, as indicated by its operating losses, a high Debt to EBITDA ratio of 6.23, and a low Return on Equity of 4.83%. Recent quarterly results have also been disappointing, with a PAT of -1.21 crore, marking a 231.5% decline compared to the previous four-quarter average.
In the broader market context, while the Sensex has gained 0.88% over the past week, Natraj Proteins has lagged significantly, highlighting its consistent underperformance against the benchmark. The stock's liquidity appears to be diminishing, with a notable drop in delivery volume by 42.71% compared to the five-day average. Furthermore, the stock is trading below all its moving averages, indicating a bearish trend. Despite being valued at a discount compared to its peers, the company's weak long-term fundamentals and inability to generate profits have contributed to its declining stock price, reinforcing the perception of it being a strong sell.