Why is Yasho Industries falling/rising?

As of 07-Nov, Yasho Industries Ltd is experiencing a decline in its stock price, currently at Rs 1,594.55, which reflects a decrease of Rs 34.1 or 2.09%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 5.29% during this period. It is trading close to its 52-week low, just 2.78% above Rs 1,550.15, and is below all key moving averages, indicating a bearish trend. Additionally, while the stock has generated a return of -14.81% over the past year, it has also seen a significant profit decline of 61.9%, contributing to negative sentiment among investors. The high Debt to EBITDA ratio of 3.67 times further exacerbates concerns regarding the company's ability to service its debt, leading to a cautious outlook.
In the broader market context, Yasho Industries has shown a short-term return of +0.52% over the past week, contrasting with a -0.86% decline in the Sensex, indicating some relative strength despite the overall negative trend. However, over the longer term, the stock has consistently underperformed against the benchmark, with a year-to-date return of -18.83% compared to a +6.50% gain in the Sensex. This consistent underperformance, coupled with low domestic mutual fund interest, suggests a lack of confidence in the stock's future prospects, reinforcing the downward pressure on its price.