Why is Ganga Forging falling/rising?

As of 15-Oct, Ganga Forging Ltd's stock price is currently at 3.97, reflecting a decrease of 0.05, or 1.24%. The stock has shown a mixed performance recently, with a 12.46% increase over the past week, but it has underperformed its sector by 1.88% today. Despite being higher than the 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average. The stock has experienced a significant increase in delivery volume, rising by 433% against the 5-day average, indicating rising investor participation. However, the company has faced substantial challenges, including a year-to-date decline of 42.63% and a staggering 47.83% drop over the past year, alongside a reported operating loss and a high debt-to-EBITDA ratio of 5.67 times, which raises concerns about its long-term fundamental strength.
In the broader market context, while the Sensex has gained 1.11% over the past week, Ganga Forging's performance has been notably weaker, with a 4.75% increase over the past month compared to the benchmark's 1.01%. The stock's significant underperformance over the last year, with a return of -47.83% against the BSE500's -1.87%, highlights its struggles in the market. Additionally, the decline in institutional investor participation, with a 1.11% reduction in stake, further reflects a lack of confidence in the company's prospects, contributing to the stock's downward pressure.