Why is G G Engineering falling/rising?

As of 14-Jul, G G Engineering Ltd's stock price is currently at 0.62, reflecting a decrease of 0.01 or 1.59%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.13% during this period. Despite a positive performance over the past week and month, with returns of 8.77% and 19.23% respectively, the stock has significantly underperformed on a year-to-date basis, down 64.77%. The company is facing challenges, including operating losses and a high Debt to EBITDA ratio of 3.98 times, indicating a weak long-term fundamental strength. Additionally, the recent financial results showed a substantial decline in profit before tax and profit after tax, contributing to a negative EBITDA and raising concerns about the stock's risk profile.
In the broader market context, while the Sensex has shown a slight gain of 5.27% year-to-date, G G Engineering's performance starkly contrasts with this, highlighting its struggles. The stock's recent underperformance of 0.75% against its sector further emphasizes its difficulties. Although there has been a rise in investor participation, as evidenced by a 12.51% increase in delivery volume, the overall sentiment remains cautious due to the company's financial instability and the significant losses it has incurred over the past year.