Why is Westlife Food falling/rising?

As of 10-Oct, Westlife Foodworld Ltd is experiencing a decline in its stock price, currently at Rs. 641.70, which reflects a decrease of Rs. 14.5 or 2.21%. The stock has hit a new 52-week low of Rs. 637.7 today and has underperformed its sector by 2.17%. Over the past week, the stock has fallen by 4.95%, and it has seen a significant decline of 28.77% over the past year. The company's financial health is concerning, as it has reported negative results for the last seven consecutive quarters, with a substantial drop in profits and a high Debt to EBITDA ratio of 6.43 times. Despite some positive indicators such as healthy long-term growth in operating profit, the overall sentiment remains negative due to poor profitability and declining returns.
In the broader market context, Westlife Foodworld Ltd's recent performance contrasts sharply with the Sensex, which has gained 1.59% over the past week. The stock's consistent decline over the last three days, totaling a drop of 6.06%, highlights its struggle against the backdrop of a rising market. While the stock has seen increased investor participation, as evidenced by a 58.89% rise in delivery volume, the overall performance remains below par compared to the benchmark indices. The combination of high institutional holdings and the company's inability to service its debt effectively contributes to the negative outlook, further exacerbating its underperformance relative to the market.