Why is Garment Mantra falling/rising?

As of 24-Sep, Garment Mantra Lifestyle Ltd is experiencing a decline in its stock price, currently at 1.53, which reflects a decrease of 0.06 or 3.77%. The stock has underperformed its sector by 3.34% today and has been on a consecutive downward trend for the last three days, resulting in a total drop of 4.97% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, Garment Mantra has generated a return of -25.92%, significantly underperforming against the benchmark, the Sensex, which has seen a decline of only 3.77%. The company's financials indicate weak long-term fundamental strength, with a -16.43% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 5.14 times, which suggests low profitability and a struggle to service debt.
In the broader market context, Garment Mantra's short-term performance is notably worse than the benchmark, with a 1-week return of -6.71% compared to the Sensex's -1.18%. This consistent underperformance against the benchmark over the last three years, coupled with flat results in recent financials, has contributed to a lack of investor confidence. The stock's liquidity is also a concern, as evidenced by a decrease in delivery volume, which has fallen by 8.33% against the 5-day average. Despite a very attractive valuation with a ROCE of 9 and a PEG ratio of 0.2, the overall sentiment remains negative due to the company's inability to generate significant returns for shareholders and its ongoing financial challenges.