Why is Globale Tessile falling/rising?

As of 19-Sep, Globale Tessile Ltd's stock price is currently at 13.90, reflecting a decrease of 0.18, or 1.28%. The stock has underperformed its sector today by 1.48%, despite being higher than its 5-day, 20-day, and 50-day moving averages. However, it remains lower than its 100-day and 200-day moving averages. The stock has shown a return of -62.91% over the past year, indicating significant underperformance compared to the BSE500 benchmark, which has seen a decline of only 0.35% in the same period. Additionally, the company is facing operational losses and has a high Debt to EBITDA ratio of 3.05 times, which suggests a weak ability to service its debt and low profitability, as indicated by an average Return on Equity of just 2.13%.
In the broader market context, the stock's short-term performance over the past week shows a slight gain of 0.22%, while the Sensex has increased by 0.85%. This indicates that while the stock has made minor gains recently, it still lags behind the overall market performance. The significant drop in delivery volume, which fell by 80.29% against the 5-day average, suggests a decline in investor interest and participation, further contributing to the stock's downward pressure. Overall, the combination of weak fundamentals, operational losses, and declining investor engagement paints a concerning picture for Globale Tessile Ltd's stock performance.