Why is Orient Beverages falling/rising?

As of 04-Sep, Orient Beverages Ltd is currently priced at Rs 217.10, reflecting a decrease of Rs 1.9 or 0.87%. The stock has underperformed its sector by 1.62% today and has experienced a trend reversal, falling after three consecutive days of gains. The stock reached an intraday high of Rs 225 but has been trading lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Over the past month, the stock has declined by 2.16%, and its year-to-date performance shows a significant drop of 32.79%. The company's profitability has been weak, with a 59.3% decline in profits over the past year, contributing to its negative return of 33.79% compared to the broader market's decline of only 1.98%.
In the broader market context, while the Sensex has shown a modest gain of 0.80% over the past week, Orient Beverages has managed a return of 1.61%, indicating some short-term resilience. However, the stock's long-term performance remains concerning, with a high debt-to-equity ratio of 3.37 times and a low return on capital employed of 2.2%, suggesting weak fundamental strength. Additionally, the company's flat results and reliance on non-operating income further exacerbate investor concerns, leading to decreased participation and liquidity in the stock. Overall, these factors contribute to the stock's downward movement and highlight the challenges it faces in regaining investor confidence.