Why is Sprayking Ltd falling/rising?

As of 27-Jun, Sprayking Ltd's stock price is currently at 6.08, showing no change (0.00%). The stock has underperformed significantly over various periods, with a one-week return of -3.18%, a one-month return of -13.14%, and a year-to-date decline of -43.70%. Despite a slight positive performance today, where it outperformed its sector by 0.67%, the stock is trading below its moving averages across all time frames (5-day, 20-day, 50-day, 100-day, and 200-day). The company has a Return on Capital Employed (ROCE) of 9.1, indicating a very attractive valuation, yet it is trading at a discount compared to its peers. However, the stock's negative performance over the past year (-69.48%) and declining profits (-3%) suggest underlying weaknesses that are impacting investor sentiment.
In the broader market context, the Sensex has shown a positive return of +2.00% over the past week and +3.07% over the past month, contrasting sharply with Sprayking Ltd's negative returns. The stock has significantly lagged behind the market, which has generated returns of 4.10% over the last year, highlighting its struggles. The company's high Debt to EBITDA ratio of 5.06 times and weak long-term fundamental strength further contribute to its declining stock price, as investors may be wary of its ability to service debt and sustain growth. Overall, the combination of poor performance relative to the market and concerning financial metrics suggests that the stock is facing significant challenges.