Why is Godavari Bioref. falling/rising?

As of 12-Sep, Godavari Biorefineries Ltd is experiencing a decline in its stock price, currently at 285.25, which reflects a decrease of 0.85 or 0.3%. The stock has underperformed its sector by 0.84% today and has been on a consecutive fall for the last four days, accumulating a total decline of 4.44% during this period. Despite having a higher price than the 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average. Additionally, the stock has seen a significant drop in investor participation, with delivery volume falling by 30.06% compared to the 5-day average. The company's financials indicate weak long-term fundamental strength, with 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 further contributes to the negative sentiment surrounding the stock.
In the broader market context, the stock's performance over the past week shows a modest gain of 0.80%, but this is significantly lower than the Sensex's gain of 1.48% during the same period. Year-to-date, Godavari Biorefineries has seen a decline of 9.18%, contrasting sharply with the Sensex's increase of 4.82%. The company's recent financial results have been disappointing, with a profit before tax of Rs -23.04 crore and a profit after tax of Rs -16.02 crore, both reflecting substantial declines compared to previous quarters. The decrease in institutional investor participation, with a reduction of 0.52% in their stake, further indicates a lack of confidence in the company's future prospects, contributing to the stock's downward trend.