Why is Gala Global falling/rising?

As of 30-Jul, Gala Global Products Ltd is experiencing a decline in its stock price, currently at 2.99, which reflects a decrease of 0.02 or 0.66%. The stock has underperformed its sector by 1.39% 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 dropped by 3.55%, and it has shown a significant decline of 14.33% over the past year, indicating consistent underperformance against the benchmark. The company is facing operational challenges, including an operating loss and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of 1.31. Additionally, the negative financial results reported for the last nine months, including a 43.95% decline in net sales and a substantial drop in profitability, contribute to the stock's downward movement.
In the broader market context, Gala Global's recent performance contrasts sharply with the Sensex, which has shown a modest gain of 4.28% year-to-date. The stock's negative returns over various periods, particularly a staggering 96.18% decline over the last three years, highlight its struggle to keep pace with market trends. While there has been a rise in investor participation, as indicated by a 33.08% increase in delivery volume, the overall sentiment remains bearish due to the company's weak long-term fundamentals and consistent underperformance against the benchmark. This combination of factors suggests that investors are cautious, leading to the stock's continued decline.