Why is Ganga Forging falling/rising?

As of 08-Jul, Ganga Forging Ltd's stock price is currently at 3.86, reflecting an increase of 0.07 or 1.85%. Today's performance indicates that the stock has outperformed its sector by 3.44%. However, despite this short-term gain, the stock has shown a significant decline of 50.51% over the past year and a 10.02% drop in the last month. The stock is trading at a discount compared to its peers, with an attractive valuation indicated by a Return on Capital Employed (ROCE) of 3.8. Nevertheless, the company has faced challenges, including a 27% decrease in profits over the past year and a high Debt to EBITDA ratio of 4.56 times, which suggests a low ability to service debt. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 59.58% against the 5-day average.
In the broader market context, Ganga Forging's short-term return of 1.31% over the past week contrasts with a slight decline of 0.08% in the Sensex, indicating that the stock is performing better than the benchmark in the short term. However, the long-term picture is concerning, as the stock has underperformed the BSE500 over the past three years, one year, and three months. This underperformance, coupled with weak long-term fundamental strength and flat results in March 2025, suggests that while there may be some short-term gains, the overall outlook for Ganga Forging remains negative.