Why is Gautam Gems falling/rising?

As of 13-Aug, Gautam Gems Ltd's stock price is currently at 4.47, reflecting an increase of 0.07 or 1.59%. Today's performance indicates that the stock has outperformed its sector by 2.12%. However, it is important to note that while the stock is above its 5-day moving average, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages. The stock has shown a negative return of -43.35% over the past year, with profits declining by -20%. Additionally, the company has a weak long-term fundamental strength, evidenced by a -1.27% CAGR growth in operating profits over the last five years and a poor EBIT to Interest ratio of 0.81. The high percentage of pledged promoter shares (57.93%) adds to the downward pressure on the stock, particularly in a falling market.
In the broader market context, Gautam Gems has demonstrated a short-term return of +0.68% over the past week, while the Sensex has remained flat with a change of -0.01%. Despite this short-term outperformance, the stock's long-term performance is concerning, as it has underperformed the benchmark indices significantly over various periods, including a -44.95% return over the last three years compared to the Sensex's +35.45%. This stark contrast highlights the challenges faced by Gautam Gems in maintaining investor confidence and market position amidst a generally improving market environment.