Why is Dec.Gold Mines falling/rising?

As of 29-Jul, Deccan Gold Mines Ltd is experiencing a decline in its stock price, currently at Rs 135.70, reflecting a decrease of Rs 2.2 or 1.6%. The stock has been underperforming, having fallen consecutively for the last five days with a total decline of 5.14% in that period. Today's performance indicates that it underperformed its sector by 2.84%. The stock's moving averages show it is higher than the 100-day and 200-day averages but lower than the 5-day, 20-day, and 50-day averages. Despite a positive long-term performance with a 19.56% increase year-to-date and a remarkable 389.89% rise over the past three years, the company is facing significant challenges, including operating losses and a high Debt to EBITDA ratio, which contribute to a weak long-term fundamental strength.
Broader market context shows that while the Sensex has declined by only 1.03% over the past week, Deccan Gold Mines has significantly underperformed with a 5.14% drop. The company's recent financial results have been disappointing, with a negative EBITDA and a decrease in promoter confidence, as evidenced by a 0.52% reduction in their stake. This lack of confidence from promoters, coupled with poor operating profit growth, suggests a challenging outlook for the company, which may be influencing investor sentiment and contributing to the stock's recent decline.