Why is Golden Tobacco falling/rising?

As of 22-Aug, Golden Tobacco Ltd is experiencing a decline in its stock price, currently at 36.20, which reflects a decrease of 0.2 or 0.55%. The stock has outperformed its sector today by 1.58%, despite the overall performance of the Cigarettes/Tobacco sector falling by 2.01%. In terms of returns, the stock has shown a 3.40% increase over the past week, but it has underperformed significantly over the longer term, with a year-to-date decline of 7.65% and a staggering 55.23% drop over the last three years. The company has not declared results in the last six months, which raises concerns about its long-term fundamental strength. Additionally, the stock has shown weak growth in net sales and operating profit over the past five years, and it carries a high debt-to-equity ratio, indicating financial instability.
In the broader market context, while the Sensex has increased by 0.88% over the past week, Golden Tobacco's short-term performance of 3.40% suggests a temporary outperformance relative to the benchmark. However, the stock's consistent underperformance against the benchmark over the last three years, combined with negative financial results reported in December 2021, indicates a troubling trend. The lack of investor participation, evidenced by a significant drop in delivery volume, further suggests a lack of confidence in the stock, contributing to its current downward movement.