Why is Garware Marine falling/rising?

As of 28-Aug, Garware Marine Industries Ltd is experiencing a decline in its stock price, currently at 30.81, which reflects a decrease of 0.62 or 1.97%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 5.84% during this period. Additionally, the stock has underperformed its sector by 1.96% today. Over the past week, Garware Marine has seen a slight decrease of 1.15%, while its performance over the last month shows a significant increase of 14.66%. However, the stock's long-term performance remains concerning, with a year-to-date decline of 2.13% and a staggering drop of 30.17% over the past year. The company's weak long-term fundamentals, highlighted by a low return on equity of 1.29% and poor growth in net sales and operating profit, contribute to the negative sentiment surrounding the stock.
In the broader market context, while the Sensex has declined by 2.34% over the past week, Garware Marine's performance has been relatively better, indicating some resilience in the short term. However, the stock's significant underperformance over the past year, compared to the BSE500's negative return of 5.01%, raises concerns among investors. The falling investor participation, evidenced by a dramatic drop in delivery volume, further exacerbates the stock's challenges. Despite trading above its moving averages, the company's weak financial metrics and the perception of it being overvalued compared to its peers suggest that the stock may continue to face downward pressure in the near future.