Why is Golden Tobacco falling/rising?

As of 27-Jun, Golden Tobacco Ltd's stock price is currently at 34.52, reflecting a decrease of 0.48, or 1.37%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.68% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has not declared results in the last six months, which raises concerns about its long-term fundamental strength. Despite a significant increase in delivery volume, the stock's overall performance has been poor, with a year-to-date decline of 11.94% and a staggering 58.41% drop over the last three years, indicating consistent underperformance against the benchmark.
In the broader market context, the Sensex has shown positive movement, gaining 2.00% over the past week and 3.07% over the last month, contrasting sharply with Golden Tobacco's decline of 4.38% and 1.46% in the same periods. This disparity highlights the stock's struggle to keep pace with the market, further exacerbated by its high debt levels and negative financial results reported in December 2021. The company's weak growth metrics and the absence of recent financial disclosures contribute to a perception of risk among investors, leading to a lack of confidence and continued selling pressure on the stock.