Why is Sri Ramakr. Mill falling/rising?

As of 14-Jul, Sri Ramakrishna Mills (Coimbatore) Ltd is experiencing a decline in its stock price, currently at 59.70, reflecting a decrease of 0.65 or 1.08%. The stock has underperformed its sector by 0.56% today and has been on a consecutive downward trend for the last three days, resulting in a total loss of 2.9% during this period. Despite a strong performance over the past month with a return of 12.64%, the stock has faced challenges with a year-to-date decline of 9.94% and a significant drop in profits by 48.6% over the past year. The company has a high debt profile, which contributes to its weak long-term fundamental strength, and its operating profit has decreased at an annual rate of 11.55% over the last five years.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has seen a decline of 1.42% over the past week, indicating that while the stock is underperforming, it is not alone in facing downward pressure. The stock's liquidity appears adequate, but a significant drop in delivery volume suggests waning investor interest. Additionally, the stock is trading at a discount compared to its peers' average historical valuations, which may attract some investors despite the negative factors at play. Overall, the combination of high debt, declining profits, and recent poor performance relative to both the sector and the benchmark contributes to the stock's current downward trajectory.