Why is Global Surfaces falling/rising?

As of 28-Jul, Global Surfaces Ltd's stock is currently priced at 116.00, reflecting a decrease of 1.0, or 0.85%. The stock has been on a downward trend, losing 12.78% over the past week and 31.42% year-to-date, while also underperforming the benchmark Sensex, which has gained 3.52% in the same timeframe. The stock has experienced consecutive declines for the last five days, and it is trading below all key moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 30.32% against the five-day average. The company has reported negative results for the last four consecutive quarters, with operating losses and a return on equity of only 4.98%, indicating weak profitability. This combination of factors contributes to the stock's recent decline.
In the broader market context, while the Sensex has shown a slight positive return of 3.52% year-to-date, Global Surfaces has significantly lagged behind, with a staggering 31.42% decline in the same period. This stark contrast highlights the stock's underperformance relative to the market. The company's weak long-term fundamentals, including negative operating profits and a substantial drop in net sales, further exacerbate its risk profile, making it a less attractive investment compared to the broader market trends. Overall, the stock's poor performance and negative financial indicators suggest a challenging outlook, contributing to its current downward trajectory.