Why is GHCL falling/rising?

As of 11-Aug, GHCL Ltd's stock price is currently at 547.00, reflecting a decrease of 2.2, or 0.4%. The stock has been underperforming recently, with a decline of 6.01% over the past week and 9.54% over the past month. It is also trading close to its 52-week low, just 3.25% above the low of Rs 529.2. The stock has seen a consecutive fall over the last two days, with a total drop of 2.67%. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. Despite high management efficiency and a low debt-to-equity ratio, the company has shown poor long-term growth, with net sales growing at only 1.81% annually over the last five years, contributing to the stock's recent decline.
In the broader market context, GHCL's performance has been notably weaker than the benchmark, with a year-to-date return of -24.45% compared to the Sensex's gain of 3.15%. This consistent underperformance against the benchmark over the last three years has likely influenced investor sentiment negatively. Furthermore, the falling investor participation, as evidenced by a significant drop in delivery volume, suggests a lack of confidence among retail investors. While institutional holdings are relatively high at 36.69%, their increased stake may not be enough to counteract the stock's recent struggles and overall market sentiment.