Why is G G Engineering falling/rising?

As of 08-Oct, G G Engineering Ltd's stock price is currently at 0.61, reflecting a decrease of 0.01 or 1.61%. The stock has been experiencing a downward trend, having lost 7.58% over the last three days. It is trading below the 5-day, 20-day, 50-day, and 200-day moving averages, although it remains higher than the 100-day moving average. The stock's performance over the past year shows a significant decline of 68.06%, despite a notable increase in profits by 160%. However, the company's weak long-term fundamentals, indicated by an average Return on Equity (ROE) of 4.10% and a substantial portion of profits coming from non-operating income, contribute to the negative sentiment surrounding the stock.
In the broader market context, G G Engineering's recent performance contrasts sharply with the Sensex, which has gained 0.98% over the past week. While the stock has shown no change over the last month, its year-to-date performance is down by 65.34%, compared to a 4.65% increase in the Sensex. This stark difference highlights the stock's underperformance relative to the market. Additionally, falling investor participation, as evidenced by an 18.44% drop in delivery volume against the 5-day average, further exacerbates the stock's challenges, indicating a lack of confidence among investors in the company's future prospects.