Why is Sapphire Foods falling/rising?

As of 11-Jul, Sapphire Foods India Ltd is experiencing a decline in its stock price, currently at Rs 332.45, which reflects a decrease of Rs 5.25 or 1.55%. The stock has underperformed its sector by 0.61% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 1.74%. Over the past week, the stock has decreased by 1.51%, while it has shown a positive return of 5.12% over the last month. Despite a year-on-year increase of 7.37%, the stock's profits have fallen significantly by 34.6%, indicating underlying financial challenges. Additionally, the stock's delivery volume has dropped sharply by 85.77% compared to its five-day average, suggesting a decline in investor participation.
In the broader market context, the Sensex has seen a slight decline of 1.12% over the past week, which indicates that the stock's short-term performance is lagging behind the benchmark. While the stock has a high institutional holding of 68.92%, which typically suggests confidence from knowledgeable investors, its long-term fundamentals are weak, with a low average Return on Capital Employed (ROCE) of 6.38% and a concerning debt-equity ratio of 0.92 times. These factors, combined with negative financial results reported in March, contribute to the stock's current downward trajectory.