Why is Wardwizard Foods falling/rising?

As of 11-Jul, Wardwizard Foods & Beverages Ltd is experiencing a decline in its stock price, currently at 4.08, reflecting a decrease of 0.19 or 4.45%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 10.72% over the past month. It is trading below all key moving averages, indicating a bearish trend. Despite some positive financial results reported for March 25, including the highest quarterly PBDIT at Rs 2.64 crore and increased net sales, the company's long-term fundamentals are weak, with an average Return on Equity (ROE) of 0% and a concerning operating profit decline of 258.90% over the last five years. This combination of factors contributes to the stock's recent downward movement.
In the broader market context, Wardwizard Foods has significantly underperformed against the benchmark, with a year-to-date return of -25.82% compared to the Sensex's positive return of 5.58%. Over the past year, the stock has generated a return of -55.26%, consistently lagging behind the BSE500 index in each of the last three annual periods. While there has been a notable increase in investor participation, as evidenced by a 108.52% rise in delivery volume, the overall liquidity remains low, and the stock's risk profile is heightened due to negative EBITDA and poor debt servicing capabilities. These factors collectively paint a challenging picture for the stock's performance in the current market environment.