Why is Golden Tobacco falling/rising?

As of 12-Sep, Golden Tobacco Ltd is experiencing a decline in its stock price, currently at 35.20, which reflects a decrease of 0.15 or 0.42%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 3.14% 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, indicating weak long-term fundamental strength, and it has reported significant negative financial results, including a 54.69% drop in net sales and a pre-tax profit decline of 146.57%. This combination of factors contributes to a perception of risk among investors, leading to the stock's downward movement.
In the broader market context, Golden Tobacco's performance has been notably weaker compared to the benchmark, with a 1-week return of -2.20% against the Sensex's gain of 1.48%. Over the past year, the stock has generated a return of -14.58%, while the Sensex has only declined by 1.28%. This consistent underperformance against the benchmark over the last three years, coupled with high debt levels and stagnant operating profits, further exacerbates investor concerns, making the stock less attractive in the current market environment.