Why is Simran Farms falling/rising?

As of 24-Sep, Simran Farms Ltd is experiencing a decline in its stock price, currently at Rs. 152.95, reflecting a decrease of Rs. 2.95 or 1.89%. The stock has hit a new 52-week low today and has underperformed its sector by 2.58%. Over the past week, the stock has decreased by 1.00%, and it has shown a significant decline of 16.19% year-to-date, alongside a staggering 30.46% drop over the past year. The company's financial health is concerning, with a high Debt to EBITDA ratio of 4.06 times and negative EBITDA, indicating a weak ability to service its debt. Furthermore, the latest quarterly results show a substantial decline in both profit before tax and profit after tax compared to previous averages, contributing to a lack of investor confidence.
In the broader market context, the stock's short-term performance has slightly outperformed the benchmark Sensex, which has declined by 1.18% over the same week. However, the long-term picture is less favorable, as Simran Farms has underperformed the BSE500 index over the past three years, one year, and three months. The significant drop in delivery volume, which has fallen by 83.9% against the five-day average, suggests a decrease in investor participation, further exacerbating the stock's downward trend. Overall, the combination of weak financial fundamentals, poor recent performance, and declining investor interest is driving the stock's price lower.