Why is Ganga Forging falling/rising?

As of 30-Sep, Ganga Forging Ltd's stock price is currently at 3.57, reflecting a decrease of 0.05 or 1.38%. The stock has underperformed its sector by 1.34% today, and it is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has declined by 4.03%, while it has shown a significant increase of 18.21% over the past month. However, the stock has experienced a substantial decline of 55.21% over the past year, with profits falling dramatically by 138%. The company's weak long-term fundamentals, characterized by operating losses and a high Debt to EBITDA ratio of 5.67 times, contribute to its negative performance. Additionally, a decrease in institutional investor participation, which has fallen by 1.11% in the last quarter, suggests a lack of confidence in the stock.
In the broader market context, Ganga Forging's recent performance contrasts with the benchmark Sensex, which has seen a decline of only 2.22% over the past week and a modest increase of 0.75% over the past month. While the stock has underperformed the BSE500 over the last three years, one year, and three months, its significant drop in the past year highlights a troubling trend compared to the overall market. The combination of low profitability, falling investor participation, and poor financial results has led to a negative sentiment surrounding the stock, contributing to its current downward trajectory.