Why is Gokul Refoils falling/rising?

As of 09-Sep, Gokul Refoils and Solvent Ltd is experiencing a decline in its stock price, currently at Rs 39.50, which reflects a decrease of -0.51 or -1.27%. The stock has been underperforming, as indicated by its consecutive fall over the last two days, resulting in a total decline of -1.32%. It is trading lower than all key moving averages, and its delivery volume has significantly decreased by -69.46% compared to the 5-day average, suggesting reduced investor participation. Despite reporting positive growth in net sales and profits in recent quarters, the stock has generated a return of -27.99% over the past year, with a concerning -19.2% drop in profits, indicating weak long-term fundamental strength.
In the broader market context, Gokul Refoils has underperformed the benchmark Sensex, which has gained +1.18% over the past week, while the stock itself has dropped -2.47%. This trend of underperformance is consistent across multiple time frames, including a -2.66% decline over the past month and a significant -37.00% drop year-to-date. The company's high debt-to-EBITDA ratio and low return on equity further exacerbate concerns about its ability to generate sustainable profits, contributing to the stock's negative momentum in a market that is otherwise showing positive returns.