Why is Spectrum Foods falling/rising?

As of 26-Jun, Spectrum Foods Ltd is experiencing a slight decline in its stock price, currently at 25.60, with a change of -0.04, representing a decrease of 0.16%. The stock has underperformed its sector by 0.72% today and has seen a trend reversal after two consecutive days of gains. Although the stock has shown a positive return of 7.61% over the past week, it has a negative return of 3.65% over the past month and a year-to-date decline of 11.30%. The company is facing significant challenges, including operating losses and a high debt-to-equity ratio of 3.03 times, which contribute to its weak long-term fundamental strength. Additionally, the stock's profits have fallen dramatically by 94.4% over the past year, further impacting investor sentiment.
In the broader market context, while the Sensex has gained 2.94% over the past week, Spectrum Foods' performance has lagged behind, indicating a consistent underperformance against the benchmark. The stock has also underperformed the BSE 500 in each of the last three annual periods, which raises concerns among investors. Despite a rise in delivery volume by 130.19% on June 25, the overall liquidity remains limited, and the company's flat results in March 2025, with a PAT of Rs -4.21 crore, highlight its ongoing struggles. These factors collectively contribute to the stock's current downward movement, reflecting a challenging environment for Spectrum Foods Ltd.