Why is Dec.Gold Mines falling/rising?

As of 14-Jul, Deccan Gold Mines Ltd is experiencing a decline in its stock price, currently at Rs 144.15, which reflects a decrease of Rs 1.35 or 0.93%. Today's price summary indicates that the stock underperformed its sector by 1.67%, reaching an intraday low of Rs 140, which is a drop of 3.78%. The stock has shown mixed performance over different time frames, with a 1-month increase of 9.33% and a year-to-date rise of 27.00%. However, the company faces significant challenges, including operating losses and a negative EBITDA, which contribute to a weak long-term fundamental strength. Despite generating a return of 24.32% over the past year, the company's ability to service debt is low, and domestic mutual funds hold no stake, indicating a lack of confidence in the stock's valuation.
In the broader market context, the stock's short-term performance over the past week shows a decline of 5.35%, while the benchmark Sensex has only decreased by 1.42%. This underperformance highlights investor concerns regarding the company's financial health, particularly given its high debt-to-EBITDA ratio and flat results reported in March 2025. Although the stock has consistently outperformed the BSE500 over the last three years, the recent drop in investor participation, with a significant decrease in delivery volume, suggests that market sentiment is shifting negatively. Overall, while the stock has shown strong historical returns, current financial indicators and market behavior point towards a challenging outlook.