Why is Scoobee Garments falling/rising?

As of 24-Sep, Scoobee Day Garments India Ltd is experiencing a decline in its stock price, currently at Rs 88.01, which reflects a decrease of Rs 2.06 or 2.29%. The stock has underperformed its sector by 2.1% today and has been on a downward trend for the last two days, accumulating a total loss of 5.14% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a notable increase in net sales and a significant growth in profit after tax over the last nine months, the company is burdened by high debt, indicated by a debt-equity ratio of 11.62 times, which undermines its long-term fundamental strength.
In the broader market context, Scoobee's recent performance contrasts sharply with the benchmark Sensex, which has shown a decline of only 1.18% over the past week. The stock has also underperformed significantly over the past month, with a decline of 15.33% compared to a slight gain of 0.50% for the benchmark. While the stock has generated a positive return of 20.16% over the past year, it is important to note that its profits have decreased by 50.7%, raising concerns about its sustainability. The combination of high debt, poor long-term growth prospects, and recent price declines suggests a challenging environment for Scoobee Garments, contributing to its current stock price movement.