Why is Gayatri Projects falling/rising?

As of 14-Jul, Gayatri Projects Ltd is experiencing a decline in its stock price, currently at 7.54, which reflects a decrease of 0.19 or 2.46%. The stock has underperformed its sector by 2.02% today and has been on a downward trend for the last four days, accumulating a total loss of 13.83% during this period. Over the past week, the stock has decreased by 8.83%, while it has fallen 13.63% over the last month. The company has not declared results in the last six months, which raises concerns about its long-term fundamental strength. Additionally, the company has reported negative results for the last six consecutive quarters, with a high Debt to EBITDA ratio of 5.57 times and a low Return on Equity of 4.12%, indicating poor profitability. The fact that 72.4% of promoter shares are pledged adds further risk, particularly in a declining market.
In the broader market context, the Sensex has shown a relatively stable performance, with a slight increase of 1.40% over the past month and a year-to-date gain of 5.27%. In contrast, Gayatri Projects has significantly lagged behind, with a year-to-date decline of 3.95% and a staggering 50.07% drop over the last three years. This stark contrast highlights the stock's underperformance relative to the benchmark, further exacerbated by falling investor participation, as evidenced by a 91.15% drop in delivery volume compared to the five-day average. Overall, the combination of weak financial results, high debt levels, and the market's broader stability contributes to the stock's current downward trajectory.