Why is Garment Mantra falling/rising?

As of 28-Jul, Garment Mantra Lifestyle Ltd is currently priced at 1.94, with no change in price (0.00%). The stock has outperformed its sector today by 0.89%, although it has shown a decline of 3.48% over the past week. In terms of moving averages, the stock is performing better than the 20-day, 50-day, 100-day, and 200-day averages, but is below the 5-day moving average. Despite a year-to-date return of +10.44%, the stock has faced challenges, including a significant drop in net sales and a low inventory turnover ratio. The company has a very attractive valuation with a low PEG ratio of 0.2, but it also faces weak long-term fundamentals, including a high Debt to EBITDA ratio and a negative CAGR growth in operating profits over the last five years.
Broader market context indicates that while the stock has outperformed the sector today, it has underperformed the benchmark, with a one-year return of -18.28% compared to the BSE500's -2.52%. This suggests that despite some positive short-term movements, the overall performance of Garment Mantra has been significantly weaker than the broader market. The falling investor participation, as evidenced by a 47.51% drop in delivery volume, further reflects a lack of confidence among investors, which may contribute to the stock's struggles in the current market environment.