Why is Spectrum Foods falling/rising?

As of 07-Jul, Spectrum Foods Ltd is experiencing a decline in its stock price, currently at 24.90, which reflects a decrease of 0.15 or 0.6%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 7.05% during this period. In terms of performance against benchmarks, the stock has shown a 4.23% drop over the past week, while it has a year-to-date decline of 13.72%. The company is facing significant challenges, including operating losses and a poor long-term growth outlook, with operating profit decreasing at an alarming rate of 176.37% over the last five years. Additionally, the stock is considered risky due to negative operating profits and a high debt-to-equity ratio.
In the broader market context, while the FMCG sector has gained by 2.16%, Spectrum Foods has underperformed significantly, with a one-year return of -17.71% compared to the Sensex's positive return of 4.31%. This stark contrast highlights the company's struggles relative to the overall market performance. Despite a rise in investor participation, indicated by a 93.71% increase in delivery volume, the stock's liquidity remains adequate for trading. Overall, the combination of poor financial performance, high debt levels, and recent negative trends in stock price contribute to the ongoing decline in Spectrum Foods' stock value.