Why is Westlife Food falling/rising?

As of 30-Jul, Westlife Foodworld Ltd's stock price is currently at 746.05, reflecting a decrease of 11.55 points or 1.52%. The stock has underperformed its sector today by 1.62%, and while it is trading above its 50-day and 100-day moving averages, it is below its 5-day, 20-day, and 200-day moving averages. Over the past week, the stock has declined by 3.92%, and year-to-date, it has fallen by 5.93%. The company has experienced a significant drop in profits, with a 76.8% decline over the past year, contributing to its negative performance. Additionally, the high Debt to EBITDA ratio of 6.43 times indicates a low ability to service debt, which raises concerns among investors.
In the broader market context, the Sensex has decreased by 1.50% over the past week, indicating a relatively similar trend to Westlife Foodworld's short-term performance. However, the stock has underperformed the benchmark over the last month, where it gained 0.56% compared to the Sensex's decline of 2.54%. The company's high institutional holdings at 35.28% suggest that knowledgeable investors are closely monitoring its fundamentals, but the negative results over the last seven consecutive quarters and the low Return on Equity of 6.70% signal ongoing challenges. Overall, these factors contribute to the stock's downward movement in the current market environment.