Why is Super Tannery falling/rising?

As of 03-Nov, Super Tannery Ltd's stock price is currently at Rs 7.30, reflecting a decrease of Rs 0.17 or 2.28%. The stock has underperformed significantly, with a 1-week return of -6.29% and a 1-month return of -12.15%. It is trading close to its 52-week low, just 1.23% away from Rs 7.21. The stock is also below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite declaring positive results over the last three consecutive quarters, including a highest Return on Capital Employed (ROCE) of 8.88% and a higher Profit After Tax (PAT) of Rs 6.91 Cr, the stock's long-term fundamentals are weak, with an average ROCE of 6.71% and a high Debt to EBITDA ratio of 3.86 times, contributing to its recent decline.
In the broader market context, Super Tannery's performance has been notably poor compared to the benchmark Sensex, which has gained 3.41% over the past month while Super Tannery has lost over 12%. This stark contrast highlights the stock's struggles, as it has generated a return of -49.20% over the past year, significantly underperforming the BSE500 index. The company's weak long-term growth prospects, indicated by low sales growth and operating profit growth rates, further exacerbate investor concerns, leading to a lack of confidence in the stock's recovery in the near term.