Why is Uniroyal Marine falling/rising?

As of 14-Jul, Uniroyal Marine Exports Ltd is experiencing a decline in its stock price, currently at 15.82, reflecting a decrease of 0.68 or 4.12%. The stock has underperformed its sector today by 1.69% and has been on a downward trend for the last three days, accumulating a total loss of 12.11% during this period. In terms of returns, the stock has shown a significant decline of 13.55% over the past week and 23.94% year-to-date, while it has only marginally decreased by 0.75% over the past year. Despite reporting positive growth in net sales and profits in recent quarters, the company is burdened by a high debt-to-equity ratio of 14.01 times, indicating weak long-term fundamental strength, which contributes to its current price decline.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has only fallen by 1.42% over the past week and has gained 5.27% year-to-date. The aquaculture sector, in which Uniroyal operates, has also seen a decline of 2.43%, reflecting a challenging environment for the industry. The stock's liquidity appears adequate, but falling investor participation, as indicated by a 9.32% drop in delivery volume, suggests waning interest among investors. Overall, the combination of high debt, poor long-term growth prospects, and underperformance relative to both the sector and broader market benchmarks has led to the stock's recent decline.