Why is Solid Stone Co falling/rising?

As of 23-Oct, Solid Stone Company Ltd is experiencing a decline in its stock price, currently at Rs 31.63, reflecting a decrease of Rs 2.28 or 6.72%. The stock has been underperforming significantly, with a consecutive fall over the last three days resulting in a total decline of 11.15%. Today's trading saw the stock reach a high of Rs 34.7 but also dip to a low of Rs 30, indicating high volatility with an intraday fluctuation of 7.26%. Over the past week, the stock has underperformed the sector by 7.28%, and its returns have been negative across various time frames, including a 12.14% decline year-to-date and a 9.63% drop over the past year. Despite a rise in profits by 18% over the last year, the stock's overall performance remains weak, with a low Return on Capital Employed (ROCE) of 5.83% and a high Debt to EBITDA ratio of 6.98 times, contributing to its negative sentiment among investors.
Broader market context indicates that Solid Stone Company Ltd has consistently underperformed against the benchmark, with a 9.45% decline over the past week compared to a 1.30% gain in the Sensex. This trend of underperformance extends over the last three years, where the stock has generated negative returns while the broader market has seen positive growth. The company's weak long-term fundamentals, including stagnant net sales growth and poor debt servicing ability, further exacerbate its challenges in attracting investor confidence. As a result, the stock's decline is reflective not only of its internal issues but also of its inability to keep pace with broader market trends.