Why is Westlife Food falling/rising?

As of 17-Nov, Westlife Foodworld Ltd's stock price is currently at Rs. 542.10, reflecting a decrease of Rs. 6.6 or 1.2%. The stock has recently hit a new 52-week low of Rs. 538.1 and has been on a downward trend, having fallen consecutively for the last two days with a total decline of 3.25%. Over the past week, the stock has underperformed significantly, with a return of -3.28%, while the Sensex has gained 1.69%. The company's financial health is concerning, as it has reported negative results for the last eight consecutive quarters, including a substantial drop in profit after tax and operating cash flow. Additionally, the high Debt to EBITDA ratio of 4.11 indicates a low ability to service debt, further contributing to investor apprehension.
Broader market context shows that Westlife Foodworld Ltd has underperformed relative to the benchmark indices over various time frames, including a year-to-date return of -31.64% compared to the Sensex's gain of 8.72%. This underperformance is compounded by a significant decline in investor participation, as evidenced by a 58.41% drop in delivery volume against the five-day average. Despite the company's healthy long-term growth in operating profit, the overall sentiment remains negative due to its low return on equity and high valuation metrics, which are not favorable in the current market environment.