Why is Ganga Forging falling/rising?

As of 23-Jun, Ganga Forging Ltd's stock price is currently at Rs. 4.01, reflecting a decrease of Rs. 0.1, or 2.43%. The stock has recently hit a new 52-week low of Rs. 3.99 and is underperforming its sector by 3.41%. Over the past week, the stock has declined by 4.30%, and its year-to-date performance shows a significant drop of 42.05%. Despite a rise in delivery volume, indicating increased investor participation, the stock is trading below all its moving averages, suggesting a bearish trend. The company's return on capital employed (ROCE) is low at 3.8, and it has experienced a substantial profit decline of 27% over the past year, contributing to its negative performance.
In the broader market context, Ganga Forging's short-term performance contrasts sharply with the benchmark Sensex, which has seen a slight increase of 0.10% over the past week. The stock's long-term fundamentals appear weak, with a high debt-to-EBITDA ratio of 4.56 times and an average operating profit growth of only 7.19% over the last five years. The stock has underperformed the BSE 500 index over various time frames, including the last three years and one year, which further highlights its struggles in the market. Overall, the combination of poor financial metrics and underperformance relative to the market has led to a decline in Ganga Forging's stock price.