Why is G G Engineering falling/rising?

As of 11-Jul, G G Engineering Ltd's stock price is currently at 0.63, reflecting a decrease of 0.01 or 1.56%. The stock has recently experienced a trend reversal, falling after six consecutive days of gains. Despite this decline, it has outperformed its sector by 0.32% today. Over the past week, the stock has shown a return of +14.55%, while the Sensex has decreased by -1.12%. However, the stock's long-term performance remains concerning, with a year-to-date decline of -64.20% and a staggering -70.83% drop over the past year. The company is facing significant challenges, including operating losses and a high Debt to EBITDA ratio of 3.98 times, which indicates a weak ability to service its debt.
In the broader market context, G G Engineering's recent performance contrasts sharply with the Sensex, which has shown a positive return of +5.58% year-to-date. The stock's liquidity remains adequate for trading, but there has been a notable decline in investor participation, with delivery volume falling by -18.37% against the five-day average. The company's majority shareholders are non-institutional, which may contribute to its volatility. Overall, the combination of weak long-term fundamentals, negative EBITDA, and flat quarterly results has led to a perception of risk, prompting a bearish outlook on the stock's future performance.