Why is Ravikumar Distll falling/rising?

As of 29-Aug, Ravikumar Distilleries Ltd is experiencing a decline in its stock price, currently at 26.50, reflecting a decrease of 0.44 or 1.63%. The stock has underperformed its sector by 1.26% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 21.08% compared to the 5-day average. Over the past year, the stock has seen a significant decline of 16.17%, which is considerably worse than the broader market's negative return of 2.83%. The company is facing operating losses and has a high Debt to EBITDA ratio, indicating a weak long-term fundamental strength and low profitability, which further contributes to the downward pressure on the stock.
In the broader market context, while the Sensex has experienced a decline of 1.84% over the past week, Ravikumar Distilleries Ltd has fared worse with a 4.33% drop in the same period. This underperformance is indicative of the stock's ongoing struggles, particularly as it has generated a return of -16.17% over the last year, compared to the market's decline of only -5.40%. The company's weak financial metrics, including a low return on equity and negative EBITDA, suggest that investors are cautious, leading to a lack of confidence in the stock's future performance.