Why is Gautam Gems falling/rising?

As of 22-Aug, Gautam Gems Ltd is experiencing a decline in its stock price, currently at 4.23, reflecting a decrease of 0.13 or 2.98%. The stock has underperformed its sector by 3.02% today and has been on a downward trend, losing 3.42% over the last two days. Over the past week, the stock has dropped by 2.31%, and its year-to-date performance shows a significant decline of 20.49%. The company has also reported a weak return on capital employed and a poor EBIT to interest ratio, indicating challenges in servicing its debt. Additionally, 57.93% of promoter shares are pledged, which can exert further downward pressure on the stock price in a falling market.
In the broader market context, the Sensex has gained 0.88% over the past week, contrasting sharply with Gautam Gems' negative performance. This divergence highlights the stock's struggles relative to the overall market. The company's long-term fundamentals are weak, with a negative compound annual growth rate in operating profits over the last five years and a substantial decline in stock value over the past year. These factors contribute to a lack of investor confidence, further exacerbated by falling investor participation and liquidity issues, which are critical in a competitive market environment.