Why is Westlife Food falling/rising?

As of 29-Jul, Westlife Foodworld Ltd's stock price is currently at 757.60, reflecting an increase of 10.8 points or 1.45%. Today's price summary indicates that the stock has outperformed its sector by 1.09% and has experienced a trend reversal, gaining after three consecutive days of decline. The stock opened with a gain of 4.17% and reached an intraday high of Rs 777.95. However, it is important to note that the stock's performance over the past year has been negative, with a return of -9.72%, and its profits have significantly decreased by -76.8%. While the company has a healthy long-term growth rate in operating profit, its high debt-to-EBITDA ratio and negative results over the last seven quarters raise concerns about its financial stability.
In the broader market context, Westlife Foodworld's short-term performance has been relatively better than the benchmark Sensex, which has declined by 1.03% over the past week while the stock itself has fallen by only 0.83%. Despite this, the stock's year-to-date performance shows a decline of -4.47%, contrasting with the Sensex's gain of 4.09%. The high institutional holdings at 35.28% suggest that knowledgeable investors are backing the stock, but the overall negative sentiment due to poor profitability and high debt levels may be weighing on its price movement.