Why is Westlife Food falling/rising?

As of 17-Sep, Westlife Foodworld Ltd's stock price is currently at 739.10, reflecting a decrease of 11.15 points or 1.49%. The stock has underperformed its sector today by 1.43%, following a trend reversal after two consecutive days of gains. Although the stock opened with a gain of 2.1% and reached an intraday high of Rs 766, it has seen a significant drop in investor participation, with delivery volume falling by 86.84% compared to the 5-day average. Over the past year, the stock has generated a return of -12.99%, which is notably worse than the broader market's decline of only -0.46%. The company has also faced challenges, including a high Debt to EBITDA ratio of 6.43 times and a declining profitability trend, as evidenced by a 76.8% drop in profits over the last year.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 1.56% over the past week and 2.60% over the past month. While Westlife Foodworld Ltd has shown some positive long-term growth potential with an annual operating profit growth rate of 53.93%, the negative results reported for the last seven consecutive quarters and a high Debt to Equity ratio of 2.69 times raise concerns among investors. The stock's valuation appears attractive compared to peers, but the persistent underperformance and declining financial metrics have led to a cautious outlook, contributing to the current downward price movement.