Why is Ovobel Foods falling/rising?

As of 08-Jul, Ovobel Foods Ltd is currently priced at 103.85, reflecting a decrease of 2.1, or 1.98%. The stock has been on a downward trend, having underperformed its sector by 1.65% today and experiencing a consecutive fall over the last 10 days, resulting in a total decline of 17.35%. In terms of returns, the stock has shown a significant drop of 46.32% over the past year, while its performance over the last week is down by 8.62%. Although the company has demonstrated strong financial metrics, such as a high return on equity (ROE) of 19.97% and a low debt to EBITDA ratio of 0.64, these positive factors have not been sufficient to counteract the recent negative price movements, particularly given the substantial profit decline of 49.4% over the past year.
In the broader market context, the Sensex has shown a slight increase of 0.02% over the past week, contrasting sharply with Ovobel Foods' significant decline. The company's performance over the last month has been slightly positive at 0.78%, but this pales in comparison to the Sensex's 1.85% gain. The liquidity of the stock remains adequate, but a decrease in delivery volume by 2.31% against the five-day average indicates waning investor interest. Overall, while Ovobel Foods has some strong operational metrics, the persistent decline in its stock price suggests that investor sentiment is currently negative, overshadowing the company's financial strengths.