Why is Garment Mantra falling/rising?

As of 14-Jul, Garment Mantra Lifestyle Ltd's stock price is currently at 1.96, reflecting a decline of 0.05 or 2.49%. The stock has underperformed its sector today by 1.97% and has experienced a trend reversal after two consecutive days of gains. Additionally, the stock's delivery volume has significantly decreased by 49.53% compared to the five-day average, indicating falling investor participation. Over the past week, the stock has declined by 1.51%, while it has shown a positive return of 5.95% over the past month. Despite a year-to-date increase of 11.58%, the stock has suffered a substantial decline of 31.62% over the past year, highlighting its weak long-term fundamental strength, particularly with a negative CAGR growth in operating profits and a high Debt to EBITDA ratio.
In the broader market context, the stock's performance has lagged behind the benchmark, with the Sensex showing a decline of only 1.42% over the past week and a modest gain of 1.40% over the past month. The company's financials reveal a low return on equity and a concerning inventory turnover ratio, which have contributed to its underperformance relative to the market. Although the stock is trading at a discount compared to its peers and has a favorable PEG ratio, the negative results reported in March, including a significant drop in net sales, have overshadowed these positives. Overall, the combination of weak fundamentals, declining investor interest, and poor recent performance relative to the market has led to the stock's current downward movement.