Why is Garment Mantra falling/rising?

As of 22-Sep, Garment Mantra Lifestyle Ltd's stock price is currently at 1.60, reflecting a decrease of 0.01 or 0.62%. The stock is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 52.55% compared to the 5-day average. Over the past year, the stock has underperformed with a return of -23.08%, while profits have increased by 14.8%, suggesting that despite some positive financial metrics, the stock's overall performance remains weak. The company also faces challenges with a high Debt to EBITDA ratio and low profitability, which contribute to its declining stock price.
In the broader market context, the stock's short-term performance has been negative, with a 1-week return of -0.62%, while the benchmark Sensex has gained 0.46% during the same period. This consistent underperformance against the benchmark, coupled with weak long-term fundamentals and a declining inventory turnover ratio, indicates that investor sentiment is likely unfavorable. The stock's valuation appears attractive compared to peers, but the lack of strong operational performance and high debt levels are significant concerns that overshadow its potential for recovery.