Why is Zeal Aqua falling/rising?

As of 26-Sep, Zeal Aqua Ltd's stock price is currently at Rs. 9.80, reflecting a decrease of Rs. 0.52 or 5.04%. The stock has recently hit a new 52-week low of Rs. 8.75 and has been on a downward trend, having fallen consecutively for the last two days, resulting in a total decline of 6.22% during this period. In terms of performance, the stock has underperformed its sector by 1.76% today and has shown a significant decline of 25.25% year-to-date, while also underperforming the benchmark Sensex across various time frames, including a 7.46% drop over the past week and a 24.32% decline over the past year. Despite positive results in net sales and profit after tax growth, the stock's weak long-term fundamentals, including a high debt to EBITDA ratio and below-par performance compared to peers, contribute to its current downward movement.
In the broader market context, the aquaculture sector has experienced a decline of 3.29%, which may be influencing investor sentiment negatively towards Zeal Aqua Ltd. The stock's recent performance contrasts sharply with the Sensex, which has only fallen 2.66% over the past week and has shown a positive return of 2.93% year-to-date. This disparity highlights the stock's struggles relative to the overall market, further exacerbated by falling investor participation, as evidenced by an 18.98% drop in delivery volume compared to the five-day average. Overall, the combination of weak short-term performance, high debt levels, and sector-wide declines has led to a negative outlook for Zeal Aqua Ltd.