Why is Ganga Forging falling/rising?

As of 26-Jun, Ganga Forging Ltd's stock price is currently at Rs 3.99, reflecting a decrease of Rs 0.06 or 1.48%. The stock is trading close to its 52-week low, just 1% away from Rs 3.95, and has underperformed its sector by 2.09% today. Over the past week, the stock has seen a decline of 2.68%, and its performance over the last month shows a significant drop of 12.88%. Additionally, the stock has generated a staggering return of -49.75% over the past year, with profits falling by 27%. The company has a low Return on Capital Employed (ROCE) of 3.8, indicating weak long-term fundamental strength, and a high Debt to EBITDA ratio of 4.56 times, which suggests a low ability to service debt.
In the broader market context, Ganga Forging's performance has been notably poor compared to the benchmark, with the Sensex gaining 3.05% over the past week and 2.19% over the last month. The stock has consistently underperformed against the benchmark over the last three years, highlighting its struggle to attract investor interest, as evidenced by a 29.21% drop in delivery volume compared to the five-day average. Despite trading at a discount compared to its peers' average historical valuations, the overall weak financial performance and lack of investor confidence have contributed to the stock's decline.