Why is Restaurant Brand falling/rising?

As of 04-Sep, Restaurant Brands Asia Ltd is experiencing a decline in its stock price, currently at Rs 80.65, reflecting a decrease of Rs 1.35 or 1.65%. The stock has underperformed its sector today by 2.04% and has been on a downward trend for the last three days, accumulating a total loss of 2.27% during this period. Despite reaching an intraday high of Rs 83.73, it also touched a low of Rs 80. The stock has shown a negative performance over the past month with a decline of 1.16% and a significant drop of 23.63% over the past year, indicating consistent underperformance against the benchmark. The company faces challenges such as weak long-term fundamental strength, evidenced by an average Return on Capital Employed (ROCE) of 0% and a high Debt to EBITDA ratio of 5.02 times, which raises concerns about its ability to service debt.
In the broader market context, the stock's short-term performance has outpaced the Sensex over the past week, gaining 1.09% compared to the benchmark's 0.80%. However, the longer-term outlook remains bleak, with the stock underperforming the benchmark over the last three years, generating a return of -38.27% compared to the Sensex's gain of 37.27%. The high institutional holdings at 60.5% suggest that informed investors are closely monitoring the company's fundamentals, which may contribute to the stock's volatility. Overall, the combination of negative operating profits, poor long-term growth prospects, and consistent underperformance against the benchmark are key factors contributing to the stock's current decline.