Why is Godavari Bioref. falling/rising?

As of 30-Jun, Godavari Biorefineries Ltd's stock price is currently at 249.70, reflecting a decrease of 3.5, or 1.38%. The stock has underperformed today, opening with a loss of 3.53% and touching an intraday low of Rs 244.25. Over the past week, the stock has declined by 3.22%, and it has seen a significant drop of 12.32% over the past month. While the company reported positive results in March, including a notable increase in net sales and operating profit to interest ratio, it also faces challenges such as a high debt to EBITDA ratio and a significant decline in operating profits over the last five years. Additionally, there has been a decrease in institutional investor participation, which may further impact investor confidence.
In the broader market context, the Sensex has shown a positive return of 2.09% over the past week and 2.65% over the past month, indicating that the overall market is performing well compared to Godavari Biorefineries Ltd. The company's year-to-date performance is particularly concerning, with a decline of 20.50%, contrasting sharply with the Sensex's gain of 7.00%. This underperformance relative to the benchmark suggests that investor sentiment towards Godavari Biorefineries Ltd is weak, influenced by its long-term fundamental challenges and declining institutional interest.