Why is Geekay Wires falling/rising?

As of 23-Oct, Geekay Wires Ltd is currently priced at 69.38, reflecting a slight decrease of 0.06 or 0.09%. The stock has outperformed its sector by 0.42% today, although it is trading higher than its 5-day and 20-day moving averages but lower than its 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a positive return of 4.79%, but it has underperformed over the last month with a decline of 4.13%. The company has been facing significant challenges, including a high Debt to EBITDA ratio of 5.32 times, indicating a low ability to service debt. Additionally, the company has reported negative results for the last five consecutive quarters, with a notable decline in profit before tax and a decrease in profit after tax over the latest six months.
In the broader market context, the Sensex has increased by 1.20% over the past week, while Geekay Wires has outperformed this benchmark in the same period. However, the stock has significantly underperformed the benchmark over longer periods, with a year-to-date return of -29.97% compared to the Sensex's gain of 9.50%. The company's poor long-term growth prospects, indicated by an annual operating profit growth rate of only 7.13% over the last five years, further contribute to its declining stock performance. The combination of falling investor participation, as evidenced by a 61.95% drop in delivery volume, and the company's expensive valuation relative to its peers suggests a challenging environment for the stock moving forward.