Why is Galaxy Cloud falling/rising?

As of 23-Sep, Galaxy Cloud Kitchens Ltd is experiencing a decline in its stock price, currently at 26.00, reflecting a decrease of 0.83 or 3.09%. The stock has underperformed its sector by 6.25% today and is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has fallen by 1.89%, while its performance over the last month shows a slight increase of 0.39%. However, the year-to-date return is significantly negative at -55.76%, and the one-year return stands at -40.80%. Despite declaring positive results for the last four consecutive quarters, including higher net sales and profit after tax, the company faces challenges such as a negative book value, high debt levels, and poor long-term growth prospects, which contribute to its current price decline.
In the broader market context, the Sensex has shown a minor decline of 0.34% over the past week, while Galaxy Cloud's performance has been notably worse. The stock's significant drop over the past year, compared to the market's decline of only 4.69%, highlights its underperformance. Additionally, the film production, distribution, and entertainment sector has gained by 3.19%, further emphasizing Galaxy Cloud's struggles. The falling investor participation, with a notable drop in delivery volume, suggests a lack of confidence among investors, which is compounded by the company's weak long-term fundamentals and high debt-to-equity ratio, making it a risky investment.