Why is Geekay Wires falling/rising?

As of 28-Jul, Geekay Wires Ltd is currently priced at 68.43, reflecting a decrease of 0.99 or 1.43%. The stock has underperformed its sector today by 0.33%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 4.07%, and it has generated a return of -26.47% over the last year, indicating a significant underperformance compared to the BSE500 index. Additionally, the company has reported a high Debt to EBITDA ratio of 5.24 times, which suggests a low ability to service its debt, and it has declared negative results for the last four consecutive quarters, further contributing to the stock's decline.
In the broader market context, Geekay Wires' short-term performance has been notably weaker than the Sensex, which has only declined by 1.63% over the past week. This stark contrast highlights the stock's struggles not only in the short term but also in the long term, as it has underperformed the benchmark over various periods, including a 30.93% decline year-to-date compared to a 4.38% gain in the Sensex. The company's poor financial health, characterized by falling profits and below-par growth rates, combined with a significant drop in investor participation, paints a concerning picture for potential investors, reinforcing the stock's downward trajectory.