Why is Goenka Diamond falling/rising?

As of 10-Jul, Goenka Diamond & Jewels Ltd is experiencing a decline in its stock price, currently at 0.92, which reflects a change of -0.01 or -1.08%. The stock has underperformed its sector by 0.82% today, despite showing higher performance than its 5-day and 50-day moving averages. However, it is lower than the 20-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 1.10%, but it has seen a significant decline of 19.30% year-to-date and 30.83% over the past year. The company is facing challenges, including operating losses and a weak long-term fundamental strength, with net sales declining at an annual rate of -36.13% over the last five years. Additionally, the stock is considered risky due to a negative EBITDA and a high debt-to-EBITDA ratio.
In the broader market context, the Sensex has shown a slight decline of 0.06% over the past week, while Goenka Diamond's performance has been more volatile, with a year-to-date return significantly lagging behind the benchmark's gain of 6.46%. The company's recent flat results and rising investor participation, indicated by an 83.98% increase in delivery volume, suggest some interest despite the overall negative sentiment. This juxtaposition of rising participation against a backdrop of poor financial health and performance indicates that while there may be some speculative interest, the fundamental issues are likely driving the stock's decline.