Why is Vadivarhe Speci. falling/rising?

As of 24-Sep, Vadivarhe Speciality Chemicals Ltd is currently priced at 29.45, showing no change (0.00%). The stock has underperformed in the last month with a decline of 1.83%, while it has seen a significant drop of 51.76% over the past year. Despite a slight outperformance against its sector today by 0.49%, the stock is trading below all its moving averages, indicating a bearish trend. The company has not declared results in the last six months, which raises concerns about its long-term fundamental strength. Additionally, the high Debt to EBITDA ratio and low Return on Equity suggest challenges in profitability and financial stability, contributing to the stock's weak performance.
In the broader market context, the Sensex has experienced a decline of 1.08% over the past week, while Vadivarhe's performance has remained flat. This indicates that the stock's recent stability is not reflective of a broader market recovery. The significant negative returns over the past year, coupled with a drastic fall in profits, further highlight the stock's risky nature compared to its historical valuations. Overall, the combination of weak fundamentals, high debt levels, and poor profitability metrics suggests that the stock is facing considerable headwinds, leading to its current price stagnation.