Why is Godavari Bioref. falling/rising?

As of 18-Sep, Godavari Biorefineries Ltd's stock is currently priced at Rs 284.10, reflecting a decline of Rs 15.9 or 5.3%. Today's performance indicates that the stock has underperformed its sector by 5.89%, touching an intraday low of Rs 284.1. Although the stock has shown a positive return of 9.27% over the past month, it has a year-to-date decline of 9.55%. The company's financial health is concerning, with a significant drop in profits of 357% over the past year, alongside weak long-term fundamentals indicated by a -24.69% CAGR growth in operating profits over the last five years. Additionally, the high Debt to EBITDA ratio of 4.98 times suggests a low ability to service debt, contributing to the stock's downward movement.
In the broader market context, the Sensex has increased by 1.80% over the past week and 2.14% over the past month, contrasting with Godavari Biorefineries' recent performance. The decline in institutional investor participation, with a decrease of 0.52% in their stake, further highlights a lack of confidence in the company's prospects compared to the overall market. The stock's liquidity remains adequate for trading, but the negative sentiment surrounding its financial performance and the falling participation from institutional investors are likely contributing to the stock's current downward trajectory.