Why is Saffron Industri falling/rising?

As of 30-Jun, Saffron Industries Ltd is experiencing a decline in its stock price, currently at Rs. 13.26, reflecting a decrease of 0.69 or 4.95%. The stock has recently hit a new 52-week high of Rs. 14.64 but has underperformed its sector by 6.07% today, marking a trend reversal after four consecutive days of gains. Despite a strong performance over the past month with a return of 77.99% and a year-to-date increase of 89.43%, the stock's recent drop can be attributed to its negative book value and weak long-term fundamental strength, as indicated by a decline in net sales and a high debt-to-equity ratio.
In the broader market context, the Sensex has shown a modest increase of 2.09% over the past week and 2.65% over the past month, which contrasts with Saffron Industries' recent price decline. While the stock has outperformed the BSE 500 over the long term, its current performance is being weighed down by concerns regarding its financial health, including a negative book value and poor long-term growth prospects. This combination of factors has contributed to the stock's recent downward movement despite its previous strong performance.