Why is Ganga Forging falling/rising?

As of 17-Sep, Ganga Forging Ltd's stock price is currently at 3.75, reflecting a decrease of 0.03, or 0.79%. The stock has underperformed its sector today by 1.5%, and while it is trading higher than its 20-day and 50-day moving averages, it is lower than the 5-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 1.83%, and it has generated a significant negative return of 56.50% over the past year, indicating a troubling trend. The company's fundamentals are weak, highlighted by an operating loss and a high Debt to EBITDA ratio of 5.67 times, which suggests a low ability to service debt. Additionally, the stock's profitability is concerning, with a Return on Equity averaging only 4.76%, and profits have fallen by 138% over the past year.
In the broader market context, the Sensex has increased by 1.43% over the past week, contrasting with Ganga Forging's decline. The stock's performance has lagged behind the benchmark significantly, with a 45.81% drop year-to-date compared to a 7.13% rise in the Sensex. Institutional investors have also reduced their stake in the company by 1.11% over the previous quarter, indicating a lack of confidence in its long-term prospects. This combination of poor financial performance, declining investor participation, and underperformance relative to the broader market contributes to the stock's downward movement.