Why is Deep Diamond falling/rising?

As of 01-Aug, Deep Diamond India Ltd is experiencing a decline in its stock price, currently at 4.42, which reflects a decrease of 0.06 or 1.34%. The stock has underperformed its sector by 0.29% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a slight increase of 0.45%, but it has declined by 2.21% over the past month and has a year-to-date drop of 33.83%. Despite a significant rise in delivery volume, which increased by 419.65% against the 5-day average, the company faces challenges with weak long-term fundamentals, including a negative EBIT to Interest ratio and low profitability as indicated by a Return on Equity of 3.94%.
In the broader market context, while the Sensex has shown a modest gain of 3.15% year-to-date, Deep Diamond has consistently underperformed against this benchmark, with a notable decline of 24.32% over the past year. The stock's weak long-term growth prospects, highlighted by a -3.68% CAGR in net sales over the last five years, contribute to its negative performance. Additionally, the stock is trading at a discount compared to its peers, yet its valuation remains expensive relative to its low profitability metrics. This consistent underperformance against the benchmark and the overall market sentiment surrounding the company's financial health are likely contributing to the stock's current downward movement.