Why is Garment Mantra falling/rising?

As of 15-Sep, Garment Mantra Lifestyle Ltd's stock is currently priced at 1.61, reflecting a decline of 0.02, or 1.23%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 10.06% during this period. Additionally, it is trading below all its moving averages, indicating a bearish trend. The stock's performance over the past week shows a decrease of 1.23%, while it has generated a return of -29.34% over the past year, significantly underperforming the benchmark. Although the company has a low PEG ratio of 0.2 and a very attractive valuation with a ROCE of 9, its long-term fundamentals are weak, evidenced by a -16.43% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 5.14 times.
In the broader market context, the Sensex has increased by 1.24% over the past week, contrasting sharply with Garment Mantra's decline. This consistent underperformance against the benchmark, coupled with a significant drop in investor participation—evidenced by a 60.01% decrease in delivery volume—suggests a lack of confidence among investors. The company's flat results in recent quarters, including a decline in net sales and low inventory turnover, further contribute to the negative sentiment surrounding the stock. Overall, the combination of weak financial fundamentals and poor recent performance relative to the market has led to the stock's downward trajectory.