Why is Dec.Gold Mines falling/rising?

As of 09-Jul, Deccan Gold Mines Ltd is experiencing a decline in its stock price, currently at Rs 144.20, which reflects a decrease of Rs 9.85 or 6.39%. The stock has underperformed its sector by 7.24% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 143.1, indicating significant selling pressure. Despite a strong performance over the past year with a return of 35.53%, the company's long-term fundamentals appear weak, highlighted by operating losses and a negative EBITDA. Additionally, the lack of domestic mutual fund investment suggests a lack of confidence in the company's future prospects.
In the broader market context, the stock's short-term performance has been negative, with a 1-week return of -1.50%, while the benchmark Sensex has gained 0.15% during the same period. This underperformance relative to the benchmark indicates that investor sentiment may be cautious, particularly given the company's high debt-to-EBITDA ratio and poor long-term growth metrics. Although there has been rising investor participation with increased delivery volume, the overall market reaction to the company's financial struggles has contributed to the stock's decline.