Why is Godrej Industrie falling/rising?

As of 09-Oct, Godrej Industries Ltd is currently priced at 1,069.00, reflecting a decrease of 4.25 (-0.4%). The stock has been underperforming, having fallen consecutively for the last six days, resulting in a total decline of 11.12% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite positive financial results over the last three quarters, including a significant increase in net sales and cash reserves, the stock has generated a negative return of -4.58% over the past year. The company's rising promoter confidence, with an increase in stake by 1.32%, suggests some optimism; however, the weak long-term fundamental strength, highlighted by a high Debt to EBITDA ratio, raises concerns about its ability to sustain growth.
In the broader market context, Godrej Industries has significantly underperformed compared to the Sensex, which has gained 1.47% over the past week while the stock has dropped by 10.14%. This stark contrast in performance indicates that investor sentiment may be leaning towards other opportunities in the market, further contributing to the stock's decline. The liquidity of the stock remains adequate, with a notable increase in delivery volume, but the overall negative returns and weak fundamentals are overshadowing these factors, leading to a bearish outlook for the stock.