Why is Gautam Gems falling/rising?

As of 12-Aug, Gautam Gems Ltd is experiencing a decline in its stock price, currently at 4.40, reflecting a decrease of 0.09 or 2.0%. The stock has underperformed its sector by 2.48% today and is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 1.12%, and it has shown a significant decline of 45.00% over the past year, while its profits have fallen by 20%. The company's weak long-term fundamentals, highlighted by a -10.37% CAGR growth in operating profits over the last five years and a low return on equity of 1.99%, contribute to the negative sentiment surrounding the stock. Additionally, the high percentage of pledged promoter shares (57.93%) adds downward pressure in a falling market.
In the broader market context, Gautam Gems' short-term performance has been worse than the benchmark, with the Sensex declining only 0.59% over the same week. This underperformance is further emphasized by the stock's year-to-date return of -17.29%, contrasting sharply with the Sensex's gain of 2.68%. The company's liquidity appears adequate for trading, but the significant drop in delivery volume by 40.11% against the five-day average suggests waning investor interest, which may exacerbate the stock's downward trajectory. Overall, the combination of weak financial metrics, poor market performance, and declining investor participation indicates a challenging environment for Gautam Gems Ltd.