Why is NHC Foods falling/rising?

As of 16-Sep, NHC Foods Ltd's stock price is currently at 1.12, reflecting a decrease of 0.01, or 0.88%. The stock has underperformed its sector today by 0.5%, and while it is trading higher than its 100-day moving average, it remains below the 5-day, 20-day, 50-day, and 200-day moving averages. Over the past week, the stock has declined by 4.27%, and it has seen a significant drop of 65.22% year-to-date. Despite these declines, the company has reported positive results for the last six consecutive quarters, with a 48.88% growth in PAT and a 59.95% increase in net sales over the latest six months. However, the stock's long-term fundamental strength appears weak, with a high debt to EBITDA ratio and an average ROCE of 7.81%, which may contribute to investor concerns.
Broader market context indicates that NHC Foods has significantly underperformed compared to the benchmark, with a one-year return of -49.08% against the BSE500's -2.93%. This stark contrast highlights the challenges the company faces in the market, despite its recent profit growth of 89.6%. The stock's liquidity remains adequate for trading, but the overall negative sentiment surrounding its long-term fundamentals and substantial underperformance relative to the broader market may be influencing its current price decline.