Why is Westlife Food falling/rising?

As of 15-Sep, Westlife Foodworld Ltd's stock price is currently at 746.25, reflecting an increase of 1.05 or 0.14%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive short-term trend. However, the stock has underperformed its sector by 0.33% today. Over the past week, it has decreased by 0.21%, while it has seen a significant increase of 12.73% over the last month. Despite this recent uptick, the stock has faced challenges, including a -12.47% return over the past year and a concerning -76.8% decline in profits. The high Debt to EBITDA ratio of 6.43 times and negative results for the last seven consecutive quarters suggest underlying financial difficulties that may be impacting investor sentiment.
In the broader market context, the Sensex has increased by 1.24% over the past week, indicating that Westlife Foodworld Ltd's recent performance is lagging behind the benchmark. While the stock has shown some recovery in the short term, its year-to-date performance remains negative at -5.90%, contrasting with the Sensex's positive return of 4.67%. The high institutional holdings at 35.28% may provide some stability, as these investors typically have better resources to analyze the company's fundamentals. However, the company's ability to service its debt and its low profitability per unit of shareholders' funds remain significant concerns that could weigh on its future performance.