Why is Saffron Industri falling/rising?

As of 01-Sep, Saffron Industries Ltd is currently priced at Rs 30.70, reflecting a decrease of Rs 0.62 or 1.98%. The stock has been underperforming recently, having fallen for the last two days, resulting in a total decline of 3.91%. Although it is close to its 52-week high, being just 4.07% away, the stock's performance today has lagged behind its sector by 3.27%. The company has a negative book value and weak long-term fundamental strength, with net sales declining at an annual rate of 8.80% over the past five years. Additionally, the company has reported a significant drop in profit after tax and net sales for the recent quarter, indicating ongoing financial struggles.
In the broader market context, Saffron Industries has shown a 1-week return of -0.07%, which is better than the Sensex's decline of 1.56% during the same period. However, the stock has performed exceptionally well year-to-date, with a return of 338.57%, significantly outpacing the Sensex's modest gain of 2.85%. Despite rising investor participation, as evidenced by a 207.12% increase in delivery volume, the company's high debt levels and poor growth prospects contribute to its current price decline, making it a risky investment compared to its historical valuations.