Why is Riba Textiles falling/rising?

As of 01-Aug, Riba Textiles Ltd is experiencing a decline in its stock price, currently at 85.10, reflecting a decrease of 0.4 or 0.47%. The stock has been under pressure, having fallen consecutively for the last two days, resulting in a total decline of 2.85% during this period. Although the stock outperformed its sector by 2.28% today, it has shown a negative return of 2.74% over the past week. In the broader context, while the stock has generated a return of 7.86% over the past year, its year-to-date performance is significantly weaker at -19.66%. The company has a Return on Capital Employed (ROCE) of 10.4, indicating an attractive valuation, but it also faces challenges with a high Debt to EBITDA ratio of 3.12 times, which raises concerns about its long-term fundamental strength.
In terms of broader market context, the Sensex has declined by 1.06% over the past week, indicating that Riba Textiles' short-term performance is worse than the benchmark. The textile sector itself has also seen a downturn, with a decrease of 2.93%. The falling investor participation, as evidenced by a 25.06% drop in delivery volume compared to the five-day average, suggests a lack of confidence among investors. Despite the company's consistent returns over the last three years and its ability to generate profits, the weak long-term growth prospects and flat results in recent financials contribute to the stock's current downward trajectory.