Why is Globale Tessile falling/rising?

As of 25-Sep, Globale Tessile Ltd's stock price is currently at 12.91, reflecting a decline of 0.79, or 5.77%. The stock has been on a downward trend, having underperformed its sector by 4.64% today and experiencing a consecutive fall over the last four days, resulting in an 8.63% drop in the past week. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a weak performance. The company is facing significant challenges, including operating losses and a high Debt to EBITDA ratio of 3.05 times, which suggests a low ability to service its debt. Furthermore, the stock has generated a return of -66.29% over the past year, with profits declining by 127%, highlighting its weak long-term fundamental strength.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week return of -8.63% compared to the Sensex's decline of only 2.23%. This stark contrast indicates that Globale Tessile is struggling significantly more than the overall market. The company's liquidity is also concerning, with a delivery volume that has fallen by 70.66% against the 5-day average, suggesting diminishing investor interest. Overall, the combination of poor financial performance, high debt levels, and weak market sentiment has contributed to the stock's decline.