Why is Gini Silk Mills falling/rising?

As of 31-Jul, Gini Silk Mills Ltd is currently priced at 89.00, experiencing a slight decline of -0.01, which represents a decrease of -0.01%. The stock has been underperforming recently, having fallen for the last two days with a total return of -3.87% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock has shown a significant decline of -33.03% year-to-date, while its operating profits have decreased by -39.78% over the last five years, reflecting weak long-term fundamentals. The company's return on equity is low at 2.76%, and it has a poor EBIT to interest ratio of -0.40, further contributing to investor concerns.
In the broader market context, Gini Silk Mills has underperformed compared to the Sensex, which has only declined by -1.22% over the past week. The textile sector, in which Gini operates, has also seen a downturn, falling by -2.37%. Despite outperforming its sector by 2.34% today, the overall trend remains negative, with the stock's year-over-year return of -29.92% significantly worse than the BSE500's decline of -3.20%. This combination of weak financial performance, declining investor participation, and broader sector challenges has led to a negative sentiment surrounding the stock.