Why is Gini Silk Mills falling/rising?

As of 18-Jul, Gini Silk Mills Ltd is currently priced at 99.00, reflecting a slight increase of 0.2 (0.2%). The stock has shown a positive trend recently, gaining 2.06% over the last two days and outperforming its sector by 1.04%. However, despite this short-term gain, the stock has experienced significant declines over the longer term, with a year-to-date drop of 25.51% and a one-year decline of 32.54%. The company's weak long-term fundamental strength is highlighted by a -39.78% CAGR growth in operating profits over the last five years and a poor EBIT to Interest ratio of -0.40, indicating challenges in servicing its debt. Additionally, the stock's return on equity is low at 2.76%, suggesting limited profitability per unit of shareholders' funds.
In the broader market context, Gini Silk Mills has underperformed compared to the benchmark, with the BSE500 generating a negative return of -0.36% over the past year, while Gini Silk Mills saw a much steeper decline of -32.54%. This underperformance is compounded by a significant drop in investor participation, with delivery volume falling by 81.27% against the five-day average. Although the stock is trading at a discount compared to its peers' average historical valuations, the overall sentiment remains cautious due to the company's flat results and low earnings per share of Rs 0.59 reported in March 2025.