Why is Godavari Bioref. falling/rising?

As of 02-Jul, Godavari Biorefineries Ltd's stock price is currently at Rs 245.70, reflecting a decrease of Rs 2.6 or 1.05%. The stock has been underperforming, having fallen for the last three days with a total decline of 2.96% during this period. Additionally, the stock has shown a significant negative trend over the past month, with a decline of 10.98%, and a year-to-date drop of 21.78%. Despite some positive quarterly results, such as a 21.6% growth in net sales and a strong operating profit to interest ratio, the stock's long-term fundamentals are weak, highlighted by a -24.69% CAGR growth in operating profits over the last five years and a high debt to EBITDA ratio of 4.98 times, which raises concerns about its ability to service debt.
In the broader market context, the Sensex has increased by 0.79% over the past week, contrasting sharply with Godavari Biorefineries' decline of 3.32% during the same period. This underperformance is compounded by a decrease in institutional investor participation, which has fallen by 0.89% in the last quarter, indicating a lack of confidence among more experienced investors. The stock's liquidity remains adequate for trading, but the falling delivery volume suggests diminishing interest from retail investors. Overall, the combination of weak long-term fundamentals, declining investor participation, and poor recent performance relative to the benchmark has contributed to the stock's downward movement.