Why is Olympia Industri falling/rising?

As of 01-Oct, Olympia Industries Ltd is experiencing a decline in its stock price, currently at Rs 34.60, which represents a decrease of 1.89 (-5.18%). Today's price summary indicates that the stock opened with a loss of 2.16% and reached an intraday low of Rs 34.60, underperforming its sector by 7.66%. The stock has shown significant underperformance over various periods, with a year-to-date return of -27.23% and a one-year return of -32.67%. Despite some positive operational results reported in June, such as a 51% increase in profits, the company struggles with weak long-term fundamentals, including a high Debt to EBITDA ratio and a low average Return on Capital Employed (ROCE) of 4.29%.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a one-week return of -6.54% compared to the Sensex's -0.90%. This consistent underperformance over the last three years has contributed to a lack of investor confidence, as reflected in the significant drop in delivery volume, which fell by 56.94% against the five-day average. While the sector has gained by 2.61%, Olympia Industries Ltd's liquidity remains adequate for trading, but the overall sentiment appears negative, leading to the current decline in stock price.