Why is Goenka Diamond falling/rising?

As of 01-Aug, Goenka Diamond & Jewels Ltd is currently priced at 0.84, showing no change (0.00%). The stock has underperformed in recent periods, with a 1-week decline of 6.67% and a 1-month decline of 7.69%. Today's price summary indicates that the stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 32.19% compared to the 5-day average. The company is facing operating losses and has a weak long-term fundamental strength, evidenced by a negative annual growth rate in net sales of -36.13% over the past five years and a high debt to EBITDA ratio of -1.00 times.
In the broader market context, the Sensex has shown a slight decline of 1.06% over the past week, indicating that the stock's short-term performance is significantly worse than the benchmark. While Goenka Diamond has outperformed its sector by 1.05% today, the overall trend remains negative, with a year-to-date decline of 26.32% compared to a 3.15% gain in the Sensex. The stock's risky profile, characterized by negative EBITDA and poor long-term growth prospects, contributes to its downward trajectory, making it a strong sell in the current market environment.