Why is Olympia Industri falling/rising?

As of 17-Jul, Olympia Industries Ltd is experiencing a decline in its stock price, currently at Rs 38.12, which represents a decrease of 2.66 or 6.52%. Today's performance indicates that the stock opened with a loss of 4.12% and reached an intraday low of Rs 37.6, reflecting a drop of 7.8%. The stock has underperformed its sector by 6.69% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a return of -41.33%, while its profits have risen by 51%, indicating a disparity between profitability and stock performance. Despite a very attractive valuation with a low PEG ratio of 0.3, the company faces challenges due to weak long-term fundamental strength, including a high Debt to EBITDA ratio of 7.98 times.
In the broader market context, the stock's short-term return of -2.23% over the past week contrasts with a benchmark decline of only 1.12%, suggesting that Olympia Industries is lagging behind the market. Additionally, the stock has underperformed the BSE500 over the last three years, one year, and three months, further highlighting its struggles. While there has been a notable increase in investor participation, with delivery volume rising significantly, the overall sentiment remains negative due to the company's weak long-term fundamentals and below-par performance in both the near and long term.