Why is Gokul Refoils falling/rising?

As of 14-Aug, Gokul Refoils and Solvent Ltd's stock price is currently at Rs. 40.16, reflecting a decline of Rs. 1.59 or 3.81%. The stock has recently hit a new 52-week low of Rs. 39.8 and has been underperforming its sector by 1.84%. Over the past week, the stock has decreased by 2.83%, and it has fallen by 8.62% over the past month. The company has reported a significant drop in performance, with a return of -9.14% over the last year, while its profits have decreased by 26.6%. Additionally, the stock is trading below all key moving averages, indicating a bearish trend. The recent decline in delivery volume by 15.15% against the 5-day average further suggests waning investor interest.
In the broader market context, the Sensex has remained relatively flat with a change of -0.03% over the past week, indicating that the stock's decline is not solely due to market conditions but rather specific issues within the company. Gokul Refoils has been facing operational challenges, including high debt levels and low profitability, as evidenced by a Debt to EBITDA ratio of 5.60 times and a Return on Equity of only 6.77%. Despite some positive indicators such as a growth in net sales and a high inventory turnover ratio, the overall weak long-term fundamentals and recent operating losses contribute to the stock's downward trajectory.