Why is Garodia Chemical falling/rising?

As of 24-Sep, Garodia Chemical Ltd is experiencing a decline in its stock price, currently at 6.01, which represents a decrease of 0.31 or 4.91%. The stock has underperformed its sector by 4.42% today and has shown erratic trading patterns, not trading on 4 out of the last 20 days. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 4.91%, and its year-to-date performance shows a significant decline of 24.78%. The company faces challenges such as a negative book value, high debt levels, and weak long-term growth, which contribute to its current weak fundamental strength.
In the broader market context, the Sensex has only declined by 1.18% over the past week, indicating that Garodia Chemical's performance is significantly worse than the overall market. While the stock has seen a rise in investor participation, as evidenced by a 141.38% increase in delivery volume on September 19, the overall sentiment remains negative due to the company's poor financial health, including a negative EBITDA and flat results in June 2025. This combination of factors suggests that the stock's decline is driven by both company-specific issues and a lack of broader market support.