Why is Globale Tessile falling/rising?

As of 22-Sep, Globale Tessile Ltd is currently priced at 14.12, reflecting a slight decrease of 0.01, or 0.07%. The stock has underperformed its sector significantly today, with a performance lag of 99.29%. Additionally, it has not traded on one day out of the last 20, indicating erratic trading patterns. The stock is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has shown a modest gain of 2.62%, but it has declined by 0.91% over the past month and has experienced a staggering drop of 61.52% over the past year. The company's financial health is concerning, with operating losses and a high Debt to EBITDA ratio of 3.05 times, indicating a low ability to service its debt. Furthermore, the average Return on Equity stands at just 2.13%, highlighting low profitability.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 0.46% over the past week and 1.05% over the past month. While the stock has seen a slight uptick in the short term, its long-term outlook remains bleak, with a 50.46% decline year-to-date compared to a 5.15% increase in the benchmark. The stock's negative EBITDA and significant underperformance against the BSE500 over various time frames further emphasize its weak position in the market. Overall, the combination of poor financial metrics, declining investor participation, and erratic trading behavior contributes to the stock's downward trajectory.