Why is Ganga Forging falling/rising?

As of 08-Sep, Ganga Forging Ltd's stock price is currently at 3.78, reflecting a decline of 0.2, or 5.03%. The stock has underperformed its sector today by 9.11%, despite showing higher performance than its 5-day, 20-day, and 50-day moving averages. Over the past week, the stock has increased by 23.93%, but it has significantly underperformed over the longer term, with a year-to-date return of -45.38% and a one-year return of -57.91%. The company has reported an operating loss, with a return on capital employed (ROCE) of only 3.8, and a high debt to EBITDA ratio of 4.56 times, indicating weak long-term fundamentals. Additionally, institutional investors have reduced their stake by 1.11%, suggesting a lack of confidence in the company's prospects.
In the broader market context, Ganga Forging's short-term performance of +23.93% over the past week contrasts sharply with the Sensex's modest gain of 0.60%. However, the stock's long-term performance remains concerning, as it has underperformed the BSE500 over the last three years, one year, and three months. The company's significant losses and declining profits, coupled with falling institutional participation, contribute to a negative outlook, overshadowing any recent short-term gains.