Why is Gokaldas Exports falling/rising?

As of 08-Aug, Gokaldas Exports Ltd is experiencing a decline in its stock price, currently at Rs 705.00, which reflects a decrease of Rs 19.0 or 2.62%. The stock has underperformed significantly, with a 1-week return of -13.35% and a 1-month return of -23.62%, while year-to-date, it has dropped by 37.70%. The stock is trading close to its 52-week low, just 2.71% above Rs 685.9, and has touched an intraday low of Rs 700.6. Additionally, Gokaldas Exports is trading below all its moving averages, indicating a bearish trend. Despite a rise in investor participation, with delivery volume increasing by 28% against the 5-day average, the overall performance remains weak, suggesting that negative sentiment is prevailing.
In the broader market context, the Sensex has only declined by 0.92% over the past week, indicating that Gokaldas Exports is underperforming relative to the benchmark. The stock's significant drop in value contrasts sharply with the Sensex's year-to-date gain of 2.20%, highlighting the challenges faced by Gokaldas Exports in the current market environment. The lack of available positive factors further emphasizes the stock's struggles, as it continues to lag behind both its historical performance and the broader market trends.