Why is Galaxy Cloud falling/rising?

As of 28-Jul, Galaxy Cloud Kitchens Ltd is experiencing a decline in its stock price, currently at Rs 22.67, which represents a decrease of 1.19 (-4.99%). The stock has hit a new 52-week low today and has been on a consecutive downward trend for the last 10 days, resulting in a significant drop of 44.29% during this period. In terms of performance relative to benchmarks, the stock has underperformed the sector by 1.24% today and has shown a staggering decline of 48.02% over the past month, while the broader market, represented by the Sensex, has only fallen by 3.77%. Despite positive growth in net sales and profits in recent quarters, the company is hindered by a negative book value and high debt levels, which contribute to its weak long-term fundamental strength.
In the broader market context, Galaxy Cloud's short-term performance starkly contrasts with the benchmark, as the stock has fallen by 22.58% over the past week compared to the Sensex's decline of just 1.59%. This underperformance highlights the stock's volatility and risk, especially given its negative book value and the fact that it has generated a return of -50.98% over the past year, significantly worse than the market's overall negative return of -2.52%. The combination of high debt, poor long-term growth prospects, and recent price movements suggests that investor sentiment remains cautious, contributing to the stock's ongoing decline.