Why is Simran Farms falling/rising?

As of 19-Sep, Simran Farms Ltd is experiencing a decline in its stock price, currently at Rs 154.60, which reflects a decrease of Rs 1.25 or 0.8%. The stock is trading close to its 52-week low, just 0.16% away from Rs 154.35. Performance metrics indicate that Simran Farms is underperforming against its moving averages, as it is trading lower than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 38.83% compared to the 5-day average. The stock has also shown poor returns over various periods, with a year-to-date decline of 15.29% and a one-year drop of 29.74%, while the broader market, represented by the Sensex, has gained 5.74% during the same timeframe.
In the broader market context, Simran Farms' short-term performance is notably worse than the benchmark, as it has recorded a 1-week return of -3.38% compared to the Sensex's gain of 0.88%. The company's fundamentals are weak, highlighted by a high Debt to EBITDA ratio of 4.06 times and a significant decline in profits, with a 66.8% drop in profit before tax and a 49.1% fall in profit after tax compared to previous averages. The stock's negative EBITDA and the flat results reported in June further contribute to its perception as a risky investment. Overall, the combination of poor financial performance, declining investor interest, and underperformance relative to the market has led to the stock's current downward trajectory.