Why is Golden Tobacco falling/rising?

As of 30-Jul, Golden Tobacco Ltd is experiencing a slight increase in its stock price, currently at 35.06, with a change of 0.05, representing a 0.14% rise. However, despite this minor uptick, the stock has been trading lower than its moving averages across various periods, indicating a general downward trend. The stock's performance over the past week shows a return of +2.10%, which contrasts with its one-month performance of -1.74%. Additionally, the company has not declared results in the last six months, contributing to concerns about its long-term fundamental strength. The significant drop in delivery volume, which fell by 99.69% against the five-day average, further highlights a lack of investor participation and interest.
In the broader market context, Golden Tobacco's recent performance is relatively better than the benchmark Sensex, which has declined by 1.50% over the past week. However, the stock has consistently underperformed against the benchmark over the last three years, with a one-year return of -16.42% compared to the Sensex's marginal gain of 0.03%. The company's high debt levels and poor growth metrics, including a debt-to-equity ratio of 0 and stagnant operating profits, raise red flags for potential investors. Overall, while there is a slight increase in the stock price, the underlying fundamentals and market conditions suggest a challenging environment for Golden Tobacco Ltd.