Why is Ganga Forging falling/rising?

As of 10-Jul, Ganga Forging Ltd's stock price is currently at 3.80, reflecting a decrease of 0.08, or 2.06%. The stock has underperformed its sector today by 1.02%, and while it is higher than its 5-day moving average, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a modest gain of 2.43%, but it has significantly underperformed over the past month and year, with returns of -11.83% and -51.65%, respectively. The company has experienced a notable decline in investor participation, with delivery volume dropping by 70.68% compared to the 5-day average. Despite having an attractive valuation with a return on capital employed (ROCE) of 3.8 and trading at a discount to peers, the stock's fundamentals are weak, highlighted by a high debt-to-EBITDA ratio and declining profits.
In the broader market context, Ganga Forging's recent performance contrasts sharply with the Sensex, which has gained 1.00% over the past month and 7.23% year-to-date. The stock's long-term performance has been particularly poor, with a decline of 32.74% over three years, compared to the Sensex's gain of 56.32% in the same period. This underperformance, coupled with weak long-term growth and a low ability to service debt, suggests that the stock is facing significant challenges in the market. Overall, the combination of declining investor interest and weak financial fundamentals contributes to the stock's downward movement.