Why is Galaxy Cloud falling/rising?

As of 30-Jul, Galaxy Cloud Kitchens Ltd's stock price is currently at Rs 20.47, reflecting a decrease of Rs 1.07 or 4.97%. The stock has hit a new 52-week low today and has been on a downward trend, experiencing a consecutive fall for the last 12 days, resulting in a significant decline of 49.69% during this period. Despite opening with a 2% gain today and reaching an intraday high of Rs 22.15, the stock ultimately fell to its day's low of Rs 20.47. Over the past week, the stock has underperformed the sector by 5.27% and has shown a staggering decline of 52.11% over the past month. While the company has reported strong growth in net sales and positive results for the last three consecutive quarters, it 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 performance has been significantly worse than the benchmark, with a one-year return of -54.09% compared to the Sensex's slight increase of 0.03%. This stark contrast highlights the stock's underperformance relative to the market, further exacerbated by its high debt-to-equity ratio and lack of long-term growth. The stock's liquidity is also a concern, as evidenced by a drastic drop in delivery volume, indicating falling investor participation. Overall, while the company has shown positive sales growth, the negative financial indicators and recent price movements suggest a challenging environment for the stock, leading to its current decline.